Annalena Baerbock – a name that was largely unknown in China until now. But since she called for a “stricter trade policy” towards Beijing in a recent interview, the question arose whether Sino-German trade relations will tighten with a new government making such demands. Baerbock’s threat of increased protectionism certainly won’t make executives of German […]
Holger Rosemann takes over the management of AstorMueller AG as of September 1st. The Swiss-based shoe company has exclusive partnerships in Germany and China. Rosemann most recently acted as Head of Operations Value Chain at LSG Group. He promoted the creation of strategic initiatives and processes in particular. Previously, the 52-year-old served in an executive […]
China’s securities regulator (SAC) has fined 19 institutional investors as it tightens pricing mechanisms for initial public offerings. This measure was taken after the SAC uncovered a “high incidence of uniform offering prices” in IPOs on China’s tech exchange STAR market. Due to insufficient internal controls and failure to follow mandatory procedures and other violations, […]
Germany is continuing to lose ground to Chinese mechanical engineering companies. China’s exports of machinery and equipment will increase by almost 31 percent this year to 296 billion dollars. In contrast, German machinery manufacturers’ exports will grow by only 13 percent to $249 billion, as calculations in a recent study by Germany Trade & Invest […]
Since Beijing declared the National Security Law for Hong Kong last summer, 89,200 people have left the former British crown colony. According to government data released Thursday, the exodus has led to a 1.2 percent drop in the total population of about 7.39 million people.Even before Hong Kong’s security law took effect last June, Hong […]
Beijing propagates its image of China through sport, culture and language – but increasingly directly through advertisements in Western newspapers as well. More and more frequently, inserts are appearing in renowned foreign media. The goal: building more credibility and sympathy. Marcel Grzanna has traced the origins of CCP’s advertisements, which also appear throughout German and […]
Chinese premium electric car manufacturer Nio plans to establish its own brand to compete on the mass market. This will put the company in direct competition with manufacturers such as Volkswagen and Toyota. “The relationship between Nio and our new mass brand will be similar to that between Audi and Volkswagen, or Lexus and Toyota,” […]
Five arms for dozens of aircraft – the new airport in Qingdao opens today. The new airport is expected to reach an annual passenger volume of 35 million by 2025. Beijing plans 400 additional airports in the country by 2035 (as reported by China.Table).
