Zhu Jianshi has been appointed the new CEO of Futurity Brands China. The company focuses on lifestyle brand management and had acquired the Paul Frank brand last year. Stan Wan, chairman of the company, said that “Zhu’s expertise and considerable experience in licensing, fashion and retail business” will open a new chapter for the company. […]
Homework leads to quarrels and tears in China’s families on a daily basis. Children and parents alike suffer under this heavy burden and for many, it can be a real nightmare. Particularly affected are middle-class families, where often both parents are employed full-time. In addition to the time spent on their jobs, it is not […]
Andreas Gorbach is taking on new responsibilities at Daimler Truck AG as a new member of the Board of Management and Head of Development. His new tasks include procurement and Daimler Trucks China, plus the newly created Truck Technology Group as the central unit for powertrain, vehicle software, electrics/electronics and global purchasing. He previously held […]
Huawei aims to make money with patent licenses for Volkswagen’s connected cars. The Chinese manufacturer of telecommunications equipment and hardware announced a licensing agreement with a Volkswagen Group supplier on Wednesday. The deal involves patents needed for LTE data radio technology (4G). The deal represents Huawei’s largest licensing agreement in the automotive sector to date, […]
Jackie Mau has been appointed as HSBC’s new head of global private banking in mainland China, effective August 1. Mau is currently the regional head of ultra-high net worth at the bank. He has previously worked in various roles in global banking and HSBC’s Hong Kong, South China and Thailand markets.Marco Gobbetti will leave luxury […]
In order to improve the national team’s chances of qualifying for the World Cup, the Chinese Football Association (CFA) has imposed a three-month compulsory break on the clubs in the Super League between August and December. This is unusual: other countries do not have such a special break in their national leagues. During the break, […]
The Kiel Institute for the World Economy (IfW) predicts a massive obstruction of the global flow of goods. It blames a “traffic jam” of container ship traffic in southern China as the culprit.” The number of waiting container ships in China’s Pearl River Delta is unusually high. Individual ports such as Yantian have shipped less […]
Christiano Amon is Qualcomm’s new CEO. He previously steered Qualcomm’s development as president, leading its 5G strategy and driving business expansion and diversification to serve multiple industries. In his first interview as CEO, Amon announced, despite political tensions, the company expects revenue growth in China, especially in its core smartphone chip business. “We’re going to […]
To improve weather forecasts in China, China’s National Space Administration (CNSA) sent a “Long March” type of rocket into space on Monday. In its hold: the Fengyun-3E (FY-3E) satellite. It will also collect data for global climate research.
Sales of cars and commercial vehicles declined significantly in June, according to data by the China Association of Automobile Manufacturers (CAAM). According to preliminary calculations, 16.3 percent fewer cars were sold compared to the same period last year. Sales had already fallen by 9.5 percent in the previous month of May, the CAAM said in […]
