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Felix Lee

Felix Lee Published: September 4th, 2024

EVs: Mercedes invests €1.8 billion

Together with partners in China, Mercedes-Benz intends to invest the equivalent of almost €1.8 billion in new EVs. The sum is part of the existing investment plan, explained a Mercedes spokesperson.A compact version of the electric CLA and a version of the GLE SUV with a longer wheelbase intended for the Chinese market are planned […]

Felix Lee Published: September 4th, 2024

Online retail: Why the SPD parliamentary group is declaring war on Temu and Shein

The SPD parliamentary group wants to regulate Chinese online retailers such as Temu, Shein and AliExpress more strictly. A paper submitted to Reuters for the two-day parliamentary party conference starting on Thursday reveals that the Social Democrats are calling for a massive expansion of customs controls and the abolition of the 150-euro duty-free limit. The […]

Felix Lee Published: September 4th, 2024

Summit: How Xi Jinping ensnares Africa

The head of state and party leader has opened the China-Africa Cooperation Forum in Beijing with a sumptuous banquet. The dinner was the start of a three-day summit attended by heads of state and government representatives from 50 African countries. Chinese state media described Xi as a “true friend of Africa”. Under his leadership, relations […]

Felix Lee Published: September 4th, 2024

Signal to Putin: Why Xi is traveling to Russia again

According to a report, China and Russia are working on the possible participation of Chinese President Xi Jinping in the upcoming BRICS summit in Russia. “Both sides are in close contact on this matter”, the Tass news agency quoted the Chinese ambassador in Moscow, Zhang Hanhui, as saying. Confirmation of Xi’s participation is still pending. […]

Felix Lee Published: September 4th, 2024

05.09.2024_Dessert

With their bright yellow anoraks, they look like Lego figures or members of the Minions. The electricians are installing intelligent switches on the electricity pylons in the city of Chuzhou, Anhui province. Their aim is to coordinate and portion the electricity demand of the local autumn harvest so that private households do not run out […]

Felix Lee Published: September 4th, 2024

05.09.2024_Personalien

Alain Ruinet has been Head of APAC and China at Airbus Defense and Space since August. Ruinet is to help shape project management for the Group in Germany, Singapore and China in the areas of communications, intelligence services and IT systems, among others. He will be based in Singapore and Beijing. Madeleine Tang took over […]

Felix Lee Published: September 4th, 2024

Why China’s birth control is causing a decline in production

China’s overcapacity is a cause for concern worldwide. The reason for this is easy to see: China accounts for almost a third of global value creation in industrial manufacturing and a fifth of global exports in this sector. However, there is every reason to believe that the decline of the Chinese manufacturing industry is imminent.To […]

Felix Lee Published: September 2nd, 2024

Hydrogen: Why Germany gives the green light for two joint ventures

The German industrial group Voith has been granted permission to form two joint ventures with the Chinese automotive supplier Weifu High-Tech to develop hydrogen technology.The German Federal Cartel Office has given the industrial group Voith the green light to form two joint ventures with the Chinese automotive supplier Weifu High-Tech for the development of hydrogen […]

Felix Lee Published: September 2nd, 2024

South China Sea: Why Beijing now also reprimands Brussels

China has urged the European Union (EU) to exercise restraint in the dispute over the South China Sea. “The European Union is not a party to the South China Sea issue and has no right to point fingers on the issue,” said a spokesperson for the Chinese Foreign Ministry. The statement followed an EU statement […]

Felix Lee Published: September 2nd, 2024

03.09.2024_Dessert

What at first glance looks anything but disciplined – contrary to the cliché of Chinese educational institutions – is a physics class experiment at an elementary school in Qingdao. After the long summer break, classes have started for 291 million students at the 498,300 schools across the country. At least at this school, it’s not […]