The Chinese New Year celebrations traditionally do not end before the Lantern Festival on the 14th day. But for some people at least, job life slowly begins again. But there is still dancing: Here, people from the Miao ethnic group celebrate the Spring Festival at a dance performance in the community of Gandong in Rongshui […]
The EU Commission is investigating the Chinese railway manufacturer CRRC Qingdao Sifang Locomotive. The aim is to find out whether it is undercutting European manufacturers with the help of state subsidies. On Friday, Internal Market Commissioner Thierry Breton announced an investigation into the Chinese state-owned China Railway Rolling Stock Corporation (CRRC) subsidiary. Specifically, the investigation […]
The start of 2024 has been marked by a wave of increasingly pessimistic forecasts for China’s economy. While the Chinese government remains optimistic, the International Monetary Fund projects that GDP growth will slow to 4.6 percent this year, from 5.4 percent in 2023. Meanwhile, the Chinese stock-market rout is expected to continue after share prices fell to […]
Luke Lu is the new head of China at US financial services provider Citigroup. Lu, who previously headed Citi’s corporate client business for large local corporate clients, succeeds Christine Lam.Ulf Braken-Gulke has been Vice President Asia/Pacific at Truma Geraetetechnik since December. He previously worked as Country Group General Manager China at Webasto from 2016 to […]
Countdown to the Year of the Dragon: A dragon is being blessed for the lantern dance outside the ancestral hall of the Zhou family in the village of Fengjiangzhou in the eastern Chinese province of Zhejiang. The Year of the Wood Dragon officially begins on Saturday. It succeeds the water rabbit.
The EU Commission has rejected the European solar industry’s call for help against price pressure from China for the time being. The EU must continue to have access to affordable solar modules for the green transition, explained Finance Commissioner Mairead McGuinness in the plenary session of the European Parliament in Strasbourg on Monday. “Given that […]
Liu Weibing transitioned from the President of Xiaomi China to oversee the entire Mobile division and will also take over the presentations for major smartphone launches. He steps down as head of the Redmi brand and hands over the position to Wang Teng Thomas. By restructuring the management team, Xiaomi’s CEO Lei Jun intends to […]
The different positions on the wars in Ukraine and the Middle East dominated the EU-Indo-Pacific summit. Representatives of countries from the Global South accused the European Union of double standards regarding the wars in Ukraine and Gaza at the meetings. Negotiations on the wording of a joint statement with the ASEAN states were tough. The […]
The EU aims to crack down on honey adulteration from China. In the European Union, consumers will soon find more detailed information about the country of origin on honey jars. Negotiators from the European Parliament and member states have agreed to tighten the so-called breakfast directives. This comes against the backdrop of suspicions that honey […]
Just over 20 years ago, the government in Hong Kong once again wanted to enact its own National Security Law. Even back then, Hong Kong citizens feared that Beijing might unreasonably expand its grip on the freedoms of the special administrative region. 500,000 people took to the streets.Hong Kong in 2024 is a different city. […]