Author

Felix Lee

Felix Lee Published: August 18th, 2024

19.08.2024_Personalie

Yafei Lu has been Managing Partner ISG China at ISG International Service Group since July. She advises companies on entering the Chinese / European market for the Austrian HR consulting firm. Lu studied in Hunan and Mannheim and previously worked for German and Chinese mechanical engineering companies and automotive suppliers. Is something changing in your […]

Felix Lee Published: August 18th, 2024

Mpox virus: How China responds to the virus

Over the next six months, China will test people entering the country and imported goods for the monkeypox virus (mpox). People traveling from countries where virus outbreaks have occurred, who have been in contact with mpox cases or display symptoms should “take the initiative to declare to customs when entering the country,” China’s customs administration […]

Felix Lee Published: August 15th, 2024

Dependence on China: Why the German economy remains weak

According to Vice Chancellor Robert Habeck, the weak German economy is more persistent than the government has anticipated. The recovery repeatedly failed to materialize, although light at the end of the tunnel has already been seen several times, Habeck told journalists in Berlin on Wednesday. This was also due to the strong dependence on trade […]

Felix Lee Published: August 15th, 2024

Industrial output: Why the figures continue to disappoint

The growth of Chinese industrial output has fallen short of expectations, fuelling speculation about new government stimulus packages. On Thursday, the National Bureau of Statistics announced that production increased by 5.1 percent in July compared to the previous year. According to a Reuters poll, analysts had expected 5.2 percent. In June, growth had still been […]

Felix Lee Published: August 15th, 2024

16.08.2024_Dessert

Starting them young: In Chinese bookshops, customers are not just allowed to browse through the books. It is quite normal for them to sit down somewhere in the store and read the books from front to back. Nevertheless, bookstores seem to make enough money out of it. China is one of the countries that read […]

Felix Lee Published: August 15th, 2024

16.08.2024_Personalien

Huan-Hai Chou has changed his position at Mercedes-Benz China. Since August, he has been Senior Manager Vertical Sales Solutions, where he is responsible for a team restructuring the system landscape for End2End sales. He was previously Senior Manager IT Digital Service Sales & Commerce. He will continue to be based in Beijing.Is something changing in […]

Felix Lee Published: August 14th, 2024

Online retail: How the Otto Group is struggling under Chinese competition

Otto is urging policymakers to establish a level playing field in the e-commerce market. Marc Opelt, CEO of the Otto Group, emphasized that there are new marketplace providers who do not adhere to basic rules of fair competition. “We want the government and regulatory bodies like customs to pay closer attention to these business models,” […]

Felix Lee Published: August 14th, 2024

AI chips: How Huawei is making China independent

According to a report by the Wall Street Journal, Huawei is aiming to challenge the global market leader Nvidia with a new generation of specialized processors. The Chinese company’s chip, the “Ascend 910C”, is nearing market launch after being tested by internet and telecom companies. It is said to be technologically on par with Nvidia’s […]

Felix Lee Published: August 14th, 2024

15.08.2024_Dessert

Beijing residents are known across China for giving nicknames to just about everything, and the headquarters of China’s state and propaganda broadcaster, CCTV, is no exception. This monumental structure, which was swiftly dubbed “Big Underpants” due to its shape in Beijing slang, was completed just in time for the opening of the 2008 Summer Olympics […]

Felix Lee Published: August 13th, 2024

Direct investment: Why Germany’s China strategy fails

Despite calls for more diversification, direct investment by the German economy in China has skyrocketed this year. According to statistical data from the German Federal Bank, it increased from 2.5 billion euros in the first quarter to 4.8 billion euros in the second quarter.In the first half of the year, direct investments by the German […]