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Felix Lee

Felix Lee Published: October 20th, 2021

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Daniel Kremer ist neuer Head of Product Marketing FBU für Audi Sales in Jilin. Davor war Kremer 13 Jahre bei Audi in Deutschland tätig. Er hat eine Ausbildung zum Mechatroniker bei der Audi AG gemacht und ein Diplom von der Fachhochschule Ingolstadt als Wirtschaftsingenieur. Bernd Averes has been General Manager Commercial at Volkswagen Automatic Transmission […]

Felix Lee Published: October 20th, 2021

Editorial Automotive

Chinese carmakers are increasingly withdrawing from the traditional business with combustion engines. The Chinese are no longer even prepared to compete with German engineers in this area. Chinese carmakers are concentrating all the more on the development of batteries, the heart of electric cars. And here they are now not only leading the way, but […]

Felix Lee Published: October 17th, 2021

China surprises with hypersonic rocket test

According to a media report, China’s military has made significant progress in developing hypersonic missiles. As the Financial Times reported on Saturday, citing informed circles, the army tested a new high-speed missile as early as August. According to the report, China launched the nuclear-capable projectile into space using a Long March rocket. There it orbited […]

Felix Lee Published: October 17th, 2021

Law firm cancels mandate from the University of Hong Kong

In the dispute over a sculpture commemorating victims in Beijing’s Tiananmen Square, an international law firm has turned its back on the University of Hong Kong (HKU). “Going forward, Mayer Brown will not be representing its long-time client in this matter,” the firm said, according to the Washington Post. The Chicago-based international law firm had […]

Felix Lee Published: October 13th, 2021

Car sales continue to fall

Car sales fell for the fifth month in a row in September. Companies sold 19.6 percent fewer vehicles than at the beginning of the year, the industry association CAAM reported. A total of 2.07 million cars were delivered. The drop was mainly due to chip shortages, CAAM analyst Chen Shihua said. The power crisis in […]

Felix Lee Published: October 13th, 2021

Editorial Automotive

Despite all the talk of climate protection, CO2 emissions in China’s transport sector are rising rapidly. No wonder: Although the People’s Republic sells the most e-cars worldwide, four out of five new cars sold are still powered by combustion engines. It is therefore not surprising that China is also discussing a phase-out of internal combustion […]

Felix Lee Published: October 13th, 2021

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Matthias Arleth will become the new CEO and Chairman of the Management Board of automotive supplier Mahle on 1 January 2022. The 53-year-old graduate engineer in automotive engineering is moving from automotive supplier Webasto SE. Arleth succeeds Jörg Stratmann after the latter’s cooperation with Mahle ended in March. Mahle achieved record sales in China last […]

Felix Lee Published: October 13th, 2021

IMF places confidence in Georgieva

The International Monetary Fund (IMF) is holding on to its director. Kristalina Georgieva is accused of manipulating a country ranking in China’s favor during her time at the World Bank, her former employer (China.Table reported). The Executive Board of the Monetary Fund has now said it trusts Georgieva’s assertion that she upholds “the highest standards […]

Felix Lee Published: October 12th, 2021

Manipulation in Beijing’s favor? Debate over IMF chief

The accusations are grave: China’s leadership is said to be systematically exerting power in international organizations to advance its interests. For example, the World Health Organization (WHO) apparently played down the risk of the spread of COVID-19 for weeks – to Beijing’s advantage. And at the United Nations, too, diplomats have repeatedly complained about China’s […]

Felix Lee Published: October 6th, 2021

Editorial Automotive

Hydrogen is currently seen as the great hope for the energy transition – also in China. No other country in the world already produces as much hydrogen as the People’s Republic. However, this is mainly “grey” hydrogen. A coal region in the north of the country, of all places, is now set to change that. […]