Around 70 naval officials from 30 Pacific nations met in Nanjing on Tuesday to discuss maritime security. Among other things, the three-day meeting will focus on updating the rules for unexpected encounters at sea, according to China’s state media – including preventing the accidental escalation of such encounters. This week’s working group meeting is intended […]
Liu Zhenmin is China’s new special envoy for climate change. The Ministry of Ecology and Environment in Beijing made the announcement on Friday. Liu succeeds Xie Zhenhua, who is internationally known as the “climate czar.” At 74, he is now retiring from office after many years. 68-year-old Liu was Xie’s closest advisor at the COP28 […]
Xi Jinping has called for more efforts in the fight against corruption in sectors such as finance and pharmaceuticals. The state and party leader said at a plenary session of the CCP’s Central Commission for Discipline Inspection that anti-corruption fighters should focus on collusion between government officials and businesspeople. The business magazine Caixin reported this […]
Shortly before the election of a new president and parliament in Taiwan, a wrongly translated warning message about the overflight of a satellite from China caused a stir on Tuesday. The Taiwanese military broadcasted a message with a shrill alarm tone to all smartphones in the afternoon – informing citizens that China’s government had launched […]
Research collaboration between the EU and China continues to increase even during times of de-risking. This resulted from a recent study on joint publications by European and Chinese researchers on digital topics and artificial intelligence in various disciplines. According to the study, the output of co-publications has been consistently increasing since 2011. The vast majority […]
In a way, the new year starts like the old one ended: With the trade war between the US and China. Under pressure from Washington, the Netherlands withdrew an existing export license for domestic high-tech chip machine manufacturer ASML. The intention is to prevent China from catching up with companies such as the global market […]
China’s market leader BYD has overtaken US manufacturer Tesla in global quarterly EV sales for the first time. Tesla sold more cars in the fourth quarter of 2023 than analysts had expected on average. Nevertheless, sales of 484,507 Tesla vehicles were below the 526,409 all-electric cars sold by BYD in the same period. Tesla reported […]
The risk of accidental collisions between China’s and the US armed forces has apparently decreased since the summit meeting between President Xi Jinping and US President Joe Biden. According to Bloomberg, Admiral John Aquilino, head of the US Indo-Pacific Command, told journalists in Tokyo that China had ceased “dangerous” military actions in the air and […]
Following the attacks on merchant ships in the region, the Chinese shipping company China Cosco Shipping will also suspend goods transport through the Red Sea. This was reported by the business magazine Caixin, citing Cosco employees. The company planned to inform its customers on Tuesday about the temporary suspension of its service across the Red […]
Bonnie Chan will become the new Managing Director of Hong Kong Exchanges & Clearing with effect from May 2024. This will make her the first woman to head the Hong Kong stock exchange. She currently holds the position of Chief Operating Officer. Incumbent exchange CEO Nicolas Aguzin announced that he will not be available for […]
