In the past, housing in Beijing was free. The state gave every family an apartment rent-free. Then the leadership decided to try the market economy and privatized not only parts of the economy but also the real estate sector. The state offered people the previously rent-free apartments for sale.Anyone who took the chance three decades […]
China is a tough country to comprehend – even for most Chinese. But much of what makes China enigmatic – its long history, vast and varied territory, huge and diverse population, complex politics, and massive, dynamic economy – also makes understanding the country important. For better or worse, what happens in China affects everyone.Western observers […]
The world’s most popular computer gaming platform Steam recently officially launched in China with its own Chinese version. Now Chinese gamers can officially buy games via Steam. US manufacturer Valve Corp., the developer of the platform, is working with a Chinese partner called Perfect World and wants to get a foot in the door of […]
Trust, says Sabrina Weithmann, is the basis for successful business relationships. Because this is still lacking in German-Chinese business relationships, she founded Weithmann Consulting, an independent network of interdisciplinary China experts who want to prepare German companies for the Chinese market. “Mistrust has to do with a lack of intercultural competence,” Weithmann says, “people don’t […]
With the test introduction of the digital renminbi, China is once again demonstrating its ability to set standards in key digital areas and implement them technologically, while Europe remains in the process of thinking things over (China.Table reported). The Chinese approach is simply faster and yet not hasty. While we Europeans prefer to fiddle around […]
There is room for 20 million books in the Chinese National Library in Beijing. It is the third largest library in the world and at the same time a “living room of the city,” where young and old meet to learn and read, and simply enjoy meeting each other, describes Thomas Busse the building. The […]
At first glance, the city of Ningde in southeastern China does not look like the center for a key technology in cars of the future. Ningde is surrounded by mountains and located in a well-known tea-growing area. But it is also the headquarters of CATL, now the largest manufacturer of batteries for EVs. CATL CEO […]
“I drank mare’s milk and schnapps in Inner Mongolia, petted panda bears in Chengdu, was on the border with North Korea and in almost every other corner of the country,” reports Alexander Hoeckle, Managing Director of the Cologne Chamber of Commerce and Industry. Hoeckle has been working at the IHK for around 25 years, currently […]
In January, a new study from Beijing Normal University called for higher cigarette prices in an effort to reduce the prevalence of cigarettes in less developed areas of China. The study first examined whether tobacco use leads to diseases that carry higher financial burdens for treatments. For this purpose, families in economically weaker environments were […]
Chinese influencer Li Ziqi has come a long way on YouTube. She recently received the Guinness World Record for the most followers for a Chinese-language channel on YouTube. Li Ziqi has 14.5 million subscribers and her videos often reach tens of millions of views. Her first video, in which she dyes a dress with grapes, […]
