Employees of the Chinese railways enjoy a very special treat: They are allowed to get married at the station. So have these 64 couples, some of whom are employees who are currently upgrading the high-speed train line around Nanning in southern China. In addition to the “yes” word and the ring, there is even a […]
China’s top earners are to pay more taxes in the future. Changes are to be made to the way taxes are levied, as state news agency Xinhua reported on Monday. In addition, a real estate tax will be introduced on a trial basis in some regions, and a wealth tax is apparently also being discussed. […]
Hua Chunying, head of the Chinese Foreign Ministry’s information department, was promoted to the position of Assistant Foreign Minister, according to the ministry’s website. The 51-year-old Hua, who headed the information department of the Foreign Ministry since July 2019, is now the Assistant Foreign Minister and is now in charge of information, protocol, and translation […]
Beijing continues to tweak its idea of the perfect Chinese family: A new law aims to improve education in families while protecting children from too much school stress. Not all details of the law have been published yet. However, media reports indicate that the proposed guidelines are intended to encourage parents to promote morals, intellectual […]
Europe obtains 95% of its magnesium from China. Christiane Kuehl analyses how long the current magnesium stocks of Germany and Europe would last if China stopped production as a result of the power crisis. One thing is already clear: If, in addition to the supply bottlenecks, the previously guaranteed deliveries by ship do not arrive […]
Alexander Ron joined FAW-Volkswagen in Changchun as an IT expert at the beginning of September. He previously worked for Audi AG in Ingolstadt. Matthias Duenckelmeyer is the new Senior Manager Middle and Back Office for the BMW Treasury Center in Beijing. Duenckelmeyer previously held various positions at BMW Germany.
The 88-meter super yacht ZEN owned by Jack Ma, founder of online giant Alibaba, is currently moored off the bay of Santa Ponça in Spain. Ma himself is said to be enjoying the Spanish sun at the moment. And relaxation is probably something he sorely needs: Beijing had scrutinized Alibaba’s business practices as the first […]
China’s Vice Premier Liu He has spoken publicly for the first time about the real estate and Evergrande crisis. Although there are some problems in the real estate market, the risks are generally under control, he said. The overall trend of healthy development of the property market will not change, Liu said in his speech […]
The Beijing municipal government has received approval from the State Council to grant foreign investors limited access to virtual private networks (VPNs). Foreign telecom companies will be allowed to set up joint ventures with Chinese firms to offer VPN services exclusively to foreign companies. These offers will be limited to companies operating in Beijing. In […]
The issues in Global supply chains won’t be resolved anytime soon, according to an executive at state-owned shipping company Cosco. Increased demand for Chinese goods from Europe and the US for the Christmas shopping season is causing bottlenecks at ports and will put even more pressure on global supply chains, Caixin quoted Cosco’s deputy general […]
