Author

Felix Lee

Felix Lee Published: August 13th, 2024

Struggling economy: Why OPEC lowers prices

China’s economic slowdown also makes OPEC nervous. Since July, the Organization of the Petroleum Exporting Countries has lowered its production forecast by 135,000 barrels a day and now aims to export 2.1 million barrels. This is because less growth in China also means less oil consumption.OPEC generally expects global oil demand to be lower this […]

Felix Lee Published: August 13th, 2024

Taiwan conflict: Why Beijing will not release all fishers

China had detained them for 40 days. Four fishermen from Taiwan are now free again. According to the Chinese Coast Guard, the men have been allowed to return home. However, one sailor must remain in China for further investigations.The Chinese coast guard boarded and detained the fishing vessel crewed by two Taiwanese and three Indonesians […]

Felix Lee Published: August 13th, 2024

Floods: How Beijing plans to deal with the effects of climate change

After the devastating floods, the Chinese government promised more financial aid to the agricultural sector. Deputy Prime Minister Liu Guozhong also called on the agricultural sector to increase its efforts to prevent and mitigate disasters, as the official news agency Xinhua reported.For example, rainfall should be better monitored to enable an effective early warning system. […]

Felix Lee Published: August 13th, 2024

14.08.2024_Dessert

These pandas don’t look all that fluffy yet. After all, the two embryos in the womb of Meng Meng, the female panda at Berlin Zoo, are only a few weeks old. After weeks of anticipation, there was a wave of rejoicing in the Panda Garden at Berlin Zoo on Sunday morning. The ultrasound machine first […]

Felix Lee Published: August 13th, 2024

14.08.2024_Personalien

Joerg Henkel has a new position at BMW Brilliance Automotive in Shenyang. As Senior Manager of Supplier Capacity and Risk Management, he has been responsible for two teams there since August. These teams specialize in supplier capacity and risk management for purchasing in China and cybersecurity, among other things.Pu Wujin, previously President of the Bank […]

Felix Lee Published: August 6th, 2024

07.08.2024_Editorial

Did Warren Buffett foresee or even trigger the stock market crash? Or did the legendary star investor simply look at the numbers before selling half of his Apple shares last Friday?The latter is more likely. After all, there is a specific reason why Apple shares dropped so heavily during the stock market crash at the […]

Felix Lee Published: August 6th, 2024

07.08.2024_Dessert

Watermelons are healthy. With their high water content, they detoxify and deacidify the body. And: At least in China, it is said that watermelons are also good for the skin. Regardless, a daycare center in the city of Hanan, Hebei province, holds a watermelon eating contest every year.

Felix Lee Published: August 1st, 2024

EV tariffs: Why German car manufacturers expect lower rates

Car manufacturer BMW expects the extra tariffs provisionally imposed by the European Union on Chinese EVs to be softened. “After intensive discussions, we are confident that the very high tariff of 37.6 percent will not be imposed,” said BMW CEO Oliver Zipse on Thursday. The better solution would be equally high tariffs on both sides, […]

Felix Lee Published: August 1st, 2024

02.08.2024_Dessert

This is what it looks like when thousands of fishing boats are allowed to set sail again from Zhoushan in the coastal province of Zhejiang after a three-month fishing moratorium. Why this moratorium? Fishing vessels from the entire region must dock and take a three-month break to allow fish stocks in the East China Sea […]

Felix Lee Published: August 1st, 2024

02.08.2024_Personalien

In July, Jonathan Helary took over the position of VP Sales Americas & China at the French company Safran Aircraft Engines. The company manufactures aircraft engines and rocket engines, among other things.Wang Xuefeng is China’s new ambassador to Denmark. She replaces Feng Tie.Is something changing in your organization? Let us know at heads@table.media!