The electric car manufacturer Nio has secured a major investment from the United Arab Emirates. The company announced this on Monday. The CYVN fund from Abu Dhabi is buying new Nio shares for 2.2 billion dollars. This gives the fund the right to appoint supervisory board members. Following completion of the transaction, it will own […]
New rules will apply to non-bank institutions engaged in financial transactions from May 2024. In particular, a new, clearer definition for such institutions, known in economic jargon as shadow banks, will be introduced. The State Council, i.e., the government, announced the main objectives of the regulation on Sunday:While banks are subject to strict rules regarding […]
China’s intelligence service paid the right-wing Belgian politician Frank Creyelman to propagate Chinese positions in Europe. This was reported by the German magazine Der Spiegel and other media that have access to the material. The topics of the influence campaigns include Hong Kong, Tibet, Taiwan and Xinjiang, as well as general propaganda for China and […]
Oliver Radtke is leaving his post as head of the Heinrich Böll Foundation’s office in Beijing at the end of the year. The foundation is looking for a successor. Radtke will become CEO of Global Neighbors, based in Vienna.Is something changing in your organization? Send a note for our personnel section to heads@table.media!
The FDP’s Federal Executive Board is on the verge of adopting its program for the European Parliament election next year, with China playing a crucial role in the foreign and trade policy section. The document, available to Table.Media, defines the relationship with China as that of a “systemic and economic rival”, against which the EU […]
The EU-China summit should be a crucial event. The EU represents the world’s largest common market and the third-largest economic area, trailing only behind China, the second-largest economy. However, China seems to dismiss the Europeans, offering them mere rhetoric.Two main factors contribute to this situation. On the one hand, Brussels lacks effectiveness in many areas, […]
The results of a special audit of the Volkswagen plant in the Chinese region of Xinjiang have tipped the scale: Union Investment, the fund company, continues to categorize VW shares as “investable” for sustainable investments. “The publication of the audit is a step in the right direction,” says Henrik Pontzen, Head of Sustainability in Portfolio […]
Import duties. They are the natural enemy of companies in the import/export business, conservative economists hate them and consider them unnecessary. Recently, however, they have also gained more and more fans as competition between countries has become increasingly fierce and characterized by mistrust. This edition of China.table is dominated by the topic of economic imbalances. […]
Moody’s has downgraded its outlook for China from stable to negative in response to the increasing state debt and the worsening property crisis in the world’s second-largest economy.Reasoning behind the agency’s decision:Moody’s joins a long line of concerned economist assessments of the situation in China. The real estate sector, pivotal to both the real economy […]
Agnes Chow, a core member of the Demosisto party, announced late Sunday on her Instagram account that she has left Hong Kong to study in Canada. The 27-year-old is one of the most prominent democracy activists in Hong Kong. She was detained as part of the security measures imposed by China. The authorities’ pressure has […]
