As part of a comprehensive campaign against population decline, Beijing relaxes the administrative hurdles for marriage registration. Couples no longer need to provide proof from the household register to register for marriage. In addition, an ID card and a signed declaration that they are neither married nor closely related by blood are sufficient. Previously, couples […]
BYD, China’s leading car manufacturer, plans to sell half its cars outside the Chinese market by 2030. This was reported by Reuters, citing people familiar with the matter. The expansion in Europe aims to compete with the major brands in the West in their home markets. The Shanghai-based car manufacturer already replaced VW as the […]
The Chinese leadership has responded positively to the election of Friedrich Merz as German chancellor. President Xi Jinping congratulated Friedrich Merz on the day of the vote. The People’s Republic is willing to open a new chapter in the “strategic partnership” between the two sides to steer cooperation between China and the EU in the […]
China’s top market regulator said on Sunday it was paying close attention to CK Hutchison’s planned sale of most of its ports operations to a BlackRock-led consortium and parties to the deal should not try to avoid an antitrust review. The sale by the Hong Kong conglomerate, which contains two ports along the strategically important […]
Taiwan cracks down on citizens with Chinese passports. According to a report in The Guardian, at least 19 people have had their Taiwanese residence status withdrawn and some have had their citizenship revoked. For fear of Chinese propaganda, a campaign has been launched against holders of illegal Chinese IDs. In addition, the residence status of […]
In order to further boost domestic consumption, China wants to improve tax refunds for foreign tourists. This is according to a joint statement issued by the Ministry of Commerce and other ministries on Sunday. According to the statement, China will promote the expansion of tax refund stores in shopping areas, scenic spots, airports and hotels. […]
France and other European countries will push for measures to protect the European steel industry against Chinese imports. The government in Paris thus responds to an announcement by steel manufacturer ArcelorMittal. Due to the crisis in the European steel industry, the company plans to cut around 600 jobs at seven French sites.The European steel industry […]
The Chinese EV manufacturer Leapmotor has announced a groundbreaking partnership with the state-owned car company FAW. In the future, Leapmotor will provide an EV platform for FAW’s premium brand Hongqi, as reported by the news agency Reuters. Based on Leapmotor’s B10 SUV, the new model will go into production for export in the second half […]
