Chinese EV battery manufacturer CATL is looking to expand facilities outside China. “The company plans to expand overseas production facilities and improve training for foreign employees in the future,” CATL said in a statement released after an investor meeting on Monday. According to the business magazine Caixin, CATL has been in talks with clients in […]
Volkswagen has celebrated great successes in China, but is now facing equally great challenges. Sales in the People’s Republic are weakening, and sales of e-cars are falling short of the company’s own expectations. Whereas Volkswagen was once the absolute market leader, the competition, especially from China itself, has caught up massively, reports Frank Sieren. Volkswagen […]
Michael Kirsch is to become the new President and CEO of Porsche Motors Ltd. in China. He will take up the post in Shanghai in June. Kirsch, who has been responsible for Porsche Japan as CEO since 2019, replaces Jens Puttfarcken. Puttfarcken will move to the parent company as of June 1 and take over […]
US companies are once again some of the biggest Olympic sponsors of this year’s Winter Games in Beijing. Be it Coca-Cola, Procter & Gamble, Airbnb, Intel, or Visa – they are all among the 13 “TOP” partners of the world event. Partnering their company with one of the world’s biggest sporting events is a major […]
To use WeChat or not to use it? Foreigners are asking themselves this question once again. Because in recent months, WeChat has been asking users with foreign phone numbers to either submit a Chinese number or switch directly to Weixin, the Chinese version of the app. Frank Sieren investigated why Tencent, the company behind WeChat […]
Thomas Hettich has been promoted to Manager Production Supply PbP China at Mercedes-Benz Group AG. Hettich most recently served as Executive Assistant at Mercedes.Hu Wei, previously CEO of JD Property, has been appointed Chief Executive of China Logistics Property Holdings. The Property Executive of China’s e-commerce retailer JD.com takes over the reins of China Logistics […]
Nathan Chen won an Olympic medal in figure skating with the most challenging free skate. Chen, who competes for the US, was only briefly mentioned in Chinese state media. On social media, a hashtag about the 22-year-old’s victory did trend on the Weibo short message service. But many of the comments were negative or nationalistic […]
The Guangzhou Safari Park has presented two tiger cubs. The white twin tigers Meilang and Meimei were born just over a month ago and have now been presented to the public. Just in time for the Year of the Tiger, whose beginning will be celebrated in China next week. For the two small felines, however, […]
Jean-Alexandre Delbecq has been promoted to Director of Continuous Improvement at NOK-Freudenberg Group China. The mathematics graduate has been working in China for the German-Japanese company in Shanghai since 2018 as Department Head for Application Technology and Corporate Quality.Laurin Riekehof has been promoted to Director of Aftersales in China at Stiebel Eletron Tianjin. Riekehof previously […]
