The projects volume of the new Silk Road is declining. Moreover, China is increasingly withdrawing from financing and allowing other donors to take the lead. This is the result of the latest data analysis on Silk Road activities carried out by Germany Trade & Invest (GTAI).The number of projects mainly remained constant at 513 in […]
Li Baiyu joined Leica Microsystems in July as Senior Global Product Manager & China Market Development Manager. Li has 12 years of experience in new product development, portfolio management, marketing and business development in the medical device and B2B industries. He is based in St. Gallen, Switzerland, for Leica.Wang Junshou has been appointed Vice Governor […]
Liu Yongzhuo and Qin Liyong have been removed from their positions as Executive Directors at EV manufacturer Evergrande New Energy Vehicle Group. The decision marks a significant change in the company’s management. Evergrande New Vehicle is part of the insolvent Evergrande Real Estate Group.
The video app TikTok is yielding to the EU: It has withdrawn a controversial rewards program. The EU Commission announced this on Monday. TikTok introduced the function only in spring. Users receive points for watching videos. “TikTok Lite Rewards” is intended to encourage users to spend a particularly long time on the app and watch […]
The downright titanic shift in the car market has a lot to do with batteries, which account for a large part of the added value of electric cars. While Germany is well positioned in the gasoline-powered engine market, China dominates the battery market. This is also due to the fact that they are a globally […]
To what extent has the pandemic damaged the population’s trust in the government?I wouldn’t speak of “the population” or even “the Chinese,” but only of affected parts of the population. And Covid has had very different effects on different places in China. Overall, it can be said that the experience of the Covid policy has […]
The cyberattack happened three years ago, but the ambassador has only just been summoned. On Wednesday, the Foreign Ministry requested a talk with China’s representative in Berlin, Wu Ken. The topic of the unpleasant meeting: espionage at an important federal agency. The Ministry of the Interior has now been able to provide evidence: Chinese state […]
How can Germany reestablish its own solar industry? The successes of the 1990s and 2000s can no longer be replicated. A high-tech industry that has once been lost to Asia cannot be cost-effectively rebuilt. No European location can achieve the high production and sales volumes common in China, which allow for competitive prices.However, Europe is […]
Shortly after the economic development strategy paper was published last Sunday, China’s government has already presented its first spending programs. It involves billions, primarily benefiting the idea of “high-quality development.”Cash injection financed with government debtThe two measures are aimed at very different ends of the value chain. In the first case, the focus is on […]
As announced, the Central Committee of the Communist Party of China published two documents detailing the outcomes of its Third Plenum on Sunday. These are:Some severe contradictions, even in the same sentencesThe document clearly focuses on strengthening the market economy and emphasizing the forces that can be unleashed through freedom and individual initiative. However, this […]
