The Volkswagen Group plans to present an independent review of conditions at its plant in the Chinese region of Xinjiang by the end of the year. Investors and managers are equally nervous because the outcome of the audit will determine whether major investors continue to classify the company as a sustainable investment. If not, significant […]
A technically proficient robot manufacturer and a potential buyer with ties to China: When the news broke that the German company Franka Emika was to be acquired by its competitor Agile Robots, German business and political circles were startled. After all, the memory of the takeover of robot manufacturer Kuka by Chinese electronics manufacturer Midea […]
Premier Li Qiang personally heads the newly formed Central Finance Commission. This was reported by Xinhua. He chaired the Commission’s first meeting on Monday. The new body is the party’s attempt to consolidate control over the financial system.On the one hand, Li is the logical choice. He is considered pro-business and is a loyal party […]
It is currently completely unclear to the outside world to what extent debates are still ongoing inside the Chinese Communist Party. Even experts can only speculate. The events surrounding the upcoming 3rd Plenary Session of the Central Committee now indicate more disagreement about economic policy than it appears, at least in the ranks under ruler […]
The situation in the border region between Myanmar and China is growing increasingly unstable. On Thursday, the Chinese Foreign Ministry informed the press that refugees were traveling from Myanmar to China. “Since the conflict broke out in Myanmar, some people have crossed the Chinese border to seek asylum and avoid the fighting,” said a spokeswoman. […]
Joe Biden’s biggest domestic political win at the summit with Xi Jinping was the concession by the Chinese President to step up the fight against illegal fentanyl exports. Fentanyl is a powerful narcotic and anesthetic. The opioid crisis in the USA continues to cause considerable suffering, which makes it an important election issue for Biden.The […]
According to a report from Manager Magazin, the Chinese online retailer JD.com has expressed interest in acquiring the German electronics chains MediaMarkt and Saturn. One of the current owners, the investment company Haniel, has long been expecting a higher return on capital from Ceconomy, the operator of both retail chains. Negotiations between JD and Ceconomy […]
The fascination surrounding a summit between the presidents of China and the USA remains unbroken. The phrase “the two most powerful men in the world meet” focuses the interests of eight billion people on just two individuals.In fact, the world became a little safer on Wednesday night. China and the USA agreed to restore direct […]
Congratulations, Merics! Today marks the tenth anniversary of Germany’s China think tank. Reason enough for us to compile eleven honoring voices from China researchers and one business representative.Merics has filled a gap we didn’t realize how big it was. Germany has always had considerable China expertise and excellent research at its universities. However, this was […]
The People’s Liberation Army has been conducting a joint military exercise with Cambodia, Laos, Malaysia, Thailand and Vietnam since Sunday. The theme of the drill is “Peace and Friendship,” 和平友谊 and it is being held for the fourth time. The official objectives are “joint counter-terrorism and military operations on safeguarding maritime security.” It involves both […]
