China’s State and Party leader Xi Jinping has called for “reunification by peaceful means” with Taiwan. “Compatriots on both sides of the Taiwan Strait should achieve the complete reunification and renewal of the Chinese nation,” Xi said, according to the Xinhua news agency.Those “who betray their motherland will not come to a good end,” Xi […]
Matthias Arleth will become the new CEO and Chairman of the Management Board of automotive supplier Mahle on 1 January 2022. The 53-year-old graduate engineer in automotive engineering is moving from automotive supplier Webasto SE. Arleth succeeds Jörg Stratmann after the latter’s cooperation with Mahle ended in March. Mahle achieved record sales in China last […]
Do you know the so-called A4 waist? It’s a beauty ideal that is shared via selfies on messenger or photo platforms on the Internet. With the shorter side of an A4 sheet of paper, influencers cover their waist – completely.Whether slim waists, plump lips, prominent cheekbones, or a double eyelid crease – China’s beauty industry […]
Freight costs for container shipping between China and the USA have dropped significantly. Industry experts see the reason as being the power shortage in China, which is affecting companies’ production (China.Table reported). The upcoming low season is also putting pressure on prices. A Shanghai freight forwarder executive told Caixin that the cost of shipping a […]
China’s Vice Premier Liu He and US Trade Representative Katherine Tai began talks on Saturday in an effort to settle trade disputes between the two countries. Both sides “expressed their core concerns” and “agreed to resolve each other’s legitimate concerns through consultations,” state news agency Xinhua reported after the two exchanged video. It is the […]
It is the same old problem: Both ECB chief Christine Lagarde and her Chinese counterpart Yi Gang of the People’s Bank of China are well aware of the central banks’ responsibility in the fight against climate change. Nico Beckert takes a closer look at the roadmaps of the ECB and the PBoC to help shape […]
Christopher Laskowski is the new Asia investment banking chief at Jefferies Financial Group. Laskowski most recently worked at MSA Capital in Hong Kong after leaving US bank Citigroup earlier this year after more than two decades. His roles at Citi included chief operating officer of its Asia-Pacific business and investment banking division.
A senior adviser to China’s central bank People’s Bank of China (PBoC) has called for migrant workers in Chinese cities to be given full access to local government services. Cai Fang, a member of the PBoC’s monetary policy committee, said in a speech published online that giving migrant workers access to the hukou system in […]
Due to the increasing demand for EV batteries, the price of raw materials has risen worldwide. The price of lithium, for example, which is a fundamental component of batteries for EVs and smartphones, has recently risen sharply. According to the benchmark Mineral Intelligence Index for lithium carbonate and hydroxide, prices have more than doubled in […]
US Trade Representative Katherine Tai presented the new China trade strategy of the Biden administration at the Center for Strategic and International Studies, a Washington think tank, on Monday. According to it, the US government will not only maintain punitive tariffs against China but could expand them if necessary. “The US-China trade and economic relationship […]
