Zhao Wang will become Co-Chief Operating Officer at air cab manufacturer EHang effective April 9. Wang will be responsible for business operations, focusing on business development, product sales, marketing and commercial activities for UAM services. Previously, Wang worked for Antaeus Group, a Chinese group of companies with cross-industry services in the resort, film and art […]
According to a media report, the German development bank KfW is largely withdrawing from China. Jochen Flasbarth, State Secretary in the German Development Ministry (BMZ), announced in Beijing on Thursday that the financial cooperation between the development bank and China was largely ending, according to a report by the German newspaper Süddeutsche Zeitung on Thursday […]
German Chancellor Olaf Scholz will have to raise some difficult issues in China – from unfair competition to relations with Russia. One economic issue weighs particularly heavily: the People’s Republic’s overcapacity. “China is ultimately trying to keep its growth engine running at the expense of its trading partners,” says economist Juergen Matthes from the German […]
China announced sanctions on Thursday against two US defense companies that Beijing believes are supporting arms sales to Taiwan. According to the AP news agency, the assets of General Atomics Aeronautical Systems and General Dynamics Land Systems in China will be frozen. In addition, their company executives will not be allowed to enter China. The […]
Beijing has reacted to the summit meeting between the USA and Japan with predictable indignation, accusing them of a “smear campaign.” Foreign Ministry spokeswoman Mao Ning said in Beijing on Thursday that the two countries should “not target or jeopardize the interests of other countries, or undermine peace and stability in the region.” Mao also […]
Wang Yahang has been appointed General Manager of the Sinopec trading company Unipec. The 51-year-old was most recently Head of Asia Trade for Unipec Singapore for eight years.Nadeschda Bay has been Director Procurement Satellite at Porsche China since April. Bay moved to Porsche in 2022 from Audi Mexico, where she was most recently Manager of […]
The Chinese economy is in a phase of structural weakness in which various challenges need to be overcome simultaneously: Against this backdrop, the “Two Sessions” (两汇lianghui) of the Chinese People’s Political Consultative Conference and the National People’s Congress held in Beijing from 4 to 11 March were eagerly awaited. Comments from Western observers focused primarily […]
Liwen Zhang has been the new Business Development Manager at Huawei Cloud Europe since the beginning of March. He was previously Managing Director and Co-Founder at UbiStar V9.Matthias Sauer has been Lead EU & China Lab / AI Enablement Center at Advantest since the beginning of March. He was previously Lab Lead Boeblingen & China […]
The EU has imposed provisional anti-dumping duties on certain alkyl phosphate esters from China. According to the Brussels authority, the phosphate compositions affected are mainly used as flame retardants in rigid and flexible foam. The provisional anti-dumping duties are remarkably high: They range from 45.1 percent to 68.4 percent. The decision was preceded by an […]
EU representatives have criticized security cooperation with China, particularly in Hungary. There are reports of “a number of secret Chinese police stations in Europe”, said Mathieu Michel, representing the Belgian EU Council Presidency, during a debate in the European Parliament on Wednesday evening. “The countries concerned must maintain internal security on their own territory”, emphasized […]