Science fiction is becoming reality. This is shown by the current car show in Shanghai, where Frank Sieren took a closer look at the air taxi of a German provider. This vehicle of the future will only work with 5G technology, which makes it highly likely that it will be launched on the market in […]
Despite little international experience in the vaccine market, Beijing wants to become a global vaccine provider. To this end, the country’s pharmaceutical industry is to massively expand its current production capacities, reports the South China Morning Post.“China is building 18 production lines, and each big production line is like building a new China National Biotec […]
Almost unnoticed, the e-cigarette industry has grown strongly in China. Hardly anyone embodies this boom as much as Kate Wang. In 2018, the young Chinese woman began selling e-cigarettes and so-called vaping products – pens for vapor inhalation of liquids containing nicotine – in China’s cities. Barely three years later, Kate Wang is one of […]
Both Democrats and Republicans in the US agree that China is a threat. Together, US senators have presented the “Lex China”, as Felix Lee reports. Its goal is to curb the global influence of the People’s Republic. To this end, Washington plans to spend a lot of money, emphasizing above all, its support for Taiwan […]
China’s securities regulator CSRC has imposed a lifetime stock market trading ban on businessman and LeEco founder Jia Yueting following allegations of fraud. The CSRC had already imposed fines of ¥240 million (US$36.7 million) each on Jia and video streaming site Leshi a day earlier. Leshi allegedly falsified profits for ten years and failed to […]
Zero fat, zero sugar, and zero calories – that is Genki Forest’s recipe for success. Within a very short time, the Beijing-based beverage company has managed to make a name for itself in the industry for its “healthy mineral water”. In its latest round of financing, Genki raised so much money that it was able […]
The Chinese vaccine manufacturers Sinovac and Sinopharm meet the requirements of the WHO with their COVID-19 vaccines. This is according to information submitted by the companies to the WHO last week.This means an efficacy of about 50 percent and preferably close to or above 70 percent, the WHO further said. So far, studies from Brazil, […]
Smartphone maker Xiaomi unveils plans to launch its own electric vehicle. Xiaomi chief Lei Jun plans to build “smart EVS” over the next decade, investing the equivalent of $10 billion (¥100 trillion) in its own Xiaomi EV, Bloomberg reports.Xiaomi’s plans are competing with a large number of automakers such as Nio, Xpeng, and Tesla, all […]
Leverkusen-based specialty chemicals group Covestro will advise Guangzhou Automobile (GAC) on design and materials, the company announced. The announced cooperation is based on a previous collaboration with GAC, in which Covestro produced seatbacks for GAC’s EVs. China is Covestro’s second-largest market with sales of €2.25 billion last year, accounting for about 21 percent of total […]
