In its first communiqué after the end of the Third Plenum, the Central Committee of the Communist Party of China set out a timetable for the next interim economic targets. In addition, the public learns for the first time about the whereabouts of the deposed ministers, Qin Gang and Li Shangfu. The announcement also provides […]
Courageous government critic, shrewd businessman or skilled fraudster? Guo Wengui 郭文贵 is likely the latter: a ruthless charlatan. The exiled Chinese businessman was found guilty by a US court on Tuesday: The 55-year-old swindled his online followers out of billions by promising foolproof investments. The sentence for fraud, embezzlement and money laundering will be announced […]
The Central Committee of the Communist Party of China will meet from Monday to Thursday for the Third Plenum, one of the rare plenary sessions attended by all 276 members. The topic is the future direction of the economy. Two main announcements are on the agenda:Both papers will be written exclusively in heavily coded CCP […]
The first outlines of China’s response in the tariff dispute with the EU are beginning to emerge. On Wednesday, China’s Ministry of Commerce announced an investigation into trade barriers on the EU’s side. This investigation had been planned for some time: Back in late June, a spokesperson for the ministry announced that they were reviewing […]
Viktor Orbán has pulled off another surprise: He turned up in Beijing early Monday morning. He already made a statement by traveling from Russia to China. After all, he traveled along the allied axis against a free Ukraine within its original borders.By going it alone, Orbán is once again living up to his image as […]
The EU’s announcement to impose extra tariffs on Chinese EVs comes at an increasingly volatile time. The German automotive industry is more nervous than ever, while the EU and China accuse each other of being unwilling to compromise. Both sides stress that they are trying to negotiate a solution, but their positions are still far […]
Chinese scientists are finding it increasingly difficult to obtain visas for Germany, as renowned migration researcher Xiang Biao from the Max Planck Institute for Social Anthropology in Halle observes. Xiang sees this as a discreet policy change to impede access for Chinese academics. However, he believes that this will do Germany more harm than good: […]
During his trip to China, Economics Minister Robert Habeck was able to record a success: China and the EU Commission agreed to start negotiations on how to deal with the additional tariffs that the EU could impose on Chinese EVs. Trade Commissioner Valdis Dombrovskis agreed on this in a video call with Trade Minister Wang […]
German Economy Minister Robert Habeck has been as clear with the Chinese government as Foreign Minister Annalena Baerbock was in April 2023. Even before the conversation turned to specific issues, he sharply criticized China for supporting the Russian war of aggression in Ukraine. “It is also important for China, which is supporting Russia in this […]
Economy Minister Robert Habeck is currently visiting South Korea – and insists that his visit to Seoul is not just a stopover on his way to Beijing, but has its own meaning and purpose. During his one-day stay in the South Korean capital, he met with Prime Minister Han Duck-soo. The Vice-Chancellor mainly focused on […]
