In the wake of Brexit and the Covid pandemic, China has moved ahead of Germany as Britain’s biggest import market. Overall, exports from Germany to Britain fell by 11.8 percent in the first quarter of this year compared with the same period three years ago, the UK statistics office said on Wednesday. Accordingly, the goods […]
For the first time, Taiwan directly accused Beijing of blocking a supply deal with Mainz-based biopharma manufacturer BioNTech for Covid vaccines. Taiwan’s President Tsai Ing-wen said at a ruling party meeting that orders for the vaccines from AstraZeneca and Moderna had gone “smoothly”, according to a report by Reuters news agency. “As for Germany’s BioNTech, […]
A group of politicians from the European Parliament and national parliaments have called for the admission of Hong Kong people to Europe via a so-called “Lifeboat Scheme.” Given the political situation, the EU must give Hong Kong people a simple and direct way to obtain temporary residence and work permits in the European Union, the […]
China’s Foreign Minister Wang Yi defended political developments in his home country. “The West seems to be rather narrow-minded should it see China as a threat because we have chosen a different system,” Wang Yi said at an online forum of the Munich Security Conference on Tuesday. He stressed that China will continue the current […]
According to an estimate, the number of millionaires in the People’s Republic will double in the next five years. By 2025, the number of private individuals with investable assets of at least ¥10 million (around $1.5 million) will rise from more than two million to five million. This is reported by the news service Bloomberg […]
The timetable was ambitious: After the political agreement on the EU-China Comprehensive Agreement on Investment (CAI) at the end of December, Brussels had targeted its ratification for spring 2022. Now things are burning on several fronts. As expected, the European Parliament stopped working on the agreement on Thursday because of the sanctions from Beijing. The […]
One alleged detail in the controversial investment agreement between the European Union and China (CAI) continues to fuel debate: the annex’s treatment of non-governmental organizations (NGOs) and political foundations in the People’s Republic. One sentence, in particular, is causing concern among those affected. This concerns the filling of leadership positions. China reserves the right to […]
This week, the European Parliament will adopt a resolution on the sanctions imposed by Beijing. The resolution will probably link the future of the investment agreement between the European Union and China (CAI) to the lifting of the sanctions against European politicians, scientists, and organizations. Several MEPs already expressed this demand. With the resolution, the […]
Zodiac race track: The “Zodiac Mountain Road” (十二盘坡 ) near Haidong in the east of the Chinese province of Qinghai has twelve curves in store for car and two-wheeler drivers – one for each sign of the zodiac. In the Year of the Buffalo, the road winds from Xining to the Huzhu Beishan National Forest […]
Hungary and China strengthen their air cooperation as part of the Belt and Road Initiative (BRI). As the airport of the Hungarian capital announced, the airport operators Budapest Airport Zrt. and Henan Airport Group (Zhengzhou Airport) signed a cooperation agreement at the end of April. The Hungarian-Chinese logistics company CECZ/Utlink, which has been serving cargo […]