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Ning Wang

Ning Wang Published: August 12th, 2021

Second-largest port closed after Covid case

All operations are suspended at the “Ningbo Maidong Terminal” port, China’s second-largest container handling hub, after one of its employees was diagnosed with Covid on Wednesday. “Meidong firm immediately stopped all operations and shut down the port area after the COVID-19 test of the staff showed positive,” said the port operator’s deputy general manager Jiang […]

Ning Wang Published: August 12th, 2021

Entertainment as approved by the party

Kris Wu is revered like a saint by his fans. Since the 30-year-old superstar made his debut in China with the South Korean boy group Exo in 2012, he has risen to become one of the most famous celebrities. In China, Wu performs as a solo artist, actor and rapper under the name Wu Yifan. […]

Ning Wang Published: August 11th, 2021

11.08.2021_Personalie

Martin Königsmann was appointed VP and Partner Management Consulting Asia-Pacific at Bosch China Investment Ltd. in Shanghai in August. Königsmann had previously held several positions at Robert Bosch GmbH. Most recently, he was Director of Consulting at Robert Bosch GmbH from February 2017 to August 2021. Königsmann studied chemistry at the University of Bremen and […]

Ning Wang Published: August 9th, 2021

Allegations of sexual abuse at Alibaba

China’s e-commerce retailer Alibaba Group suspended several employees over the weekend after an employee accused her supervisor and a customer of sexual assault. The police are also investigating. For several months now, young women have increasingly been publicly speaking out against abuse or sexual harassment. Most recently, the allegations had also hit pop idol Kris […]

Ning Wang Published: July 20th, 2021

Excessive animal fattening: prices for pork plummet

Pigs as heavy as polar bears or even small hippos. Pictures of breeding animals fattened up to 200 kilograms and more were recently shown on several news broadcasts of the Chinese state media. But these were not reports of acknowledgment. Rather, farmers were denounced for having triggered an oversupply thanks to excessive overfeeding of pigs. […]

Ning Wang Published: July 14th, 2021

Loan default highlights China’s real estate troubles

Chinese property developer Sichuan Languang Development is falling behind on repaying a 900 million yuan (about $139 million) domestic bond. Languang is one of China’s largest construction companies and now announced it had accumulated a total of 4,5 billion yuan in overdue debt.With its default, Languang joins the ranks of Chinese construction companies that have […]

Ning Wang Published: July 13th, 2021

Svolt announces cooperation with Stellantis

Chinese battery manufacturer Svolt and Opel parent company Stellantis announced a partnership regarding electric batteries. Starting in 2025, Stellantis will also procure its lithium-ion batteries from Svolt, as Svolt announced earlier this week. Stellantis – which also owns car brands Chrysler, Citroën, Fiat and Peugeot – will obtain all relevant goods from Svolt, from electric […]

Ning Wang Published: July 13th, 2021

Tencent to cede exclusive rights to music labels

Tencent Music is to cede its exclusive rights to music labels. According to a report by the Reuters news agency, China’s anti-monopoly authority is preparing corresponding steps. Actions mainly involve rights in where Tencent’s music streaming service competes with smaller rivals, Reuters reports. In addition, market regulator SAMR imposed a fine of 500,000 yuan (65,000 […]

Ning Wang Published: July 13th, 2021

Florian W. Mehring – Negotiation coach

When it comes to dealing with China, the West has still not understood that the People’s Republic is a state deeply rooted in communist thinking. This is something that sinologist and negotiation scholar Florian W. Mehring observes time and again in his work. In the West, the idea that Chinese culture is primarily shaped by […]

Ning Wang Published: July 13th, 2021

13.07.2021_Dessert

At this time of the year, Beijing normally suffers from droughts. But since Sunday it has been raining heavily. Unfortunately, far too much. Even the daycares and schools in the capital had to be closed temporarily. The weather is not expected to improve until midweek. Until then, slippers remain the footwear of the hour.