A political dispute has erupted in the UK over acquisition plans for the Newport Wafer Fab microchip factory. The British government had approved the controversial sale of the Welsh semiconductor factory to Nexperia, a Dutch subsidiary of China’s Wingtech Group. In July 2021, London had ordered National Security Advisor Sir Stephen Lovegrove to review the […]
Even before the pandemic, handheld loudspeakers were popular in China for giving non-stop messages to the masses. Since the start of the Shanghai lockdown, however, a considerable amount of (real and fake) video clips featuring rather eerie loudspeaker announcements have emerged on the Internet: Creepy-looking robot “dogs” with stapled-on megaphones stalk abandoned city streets. Or […]
Laurent Cathala has been appointed as the new president of Gucci’s fashion division in Greater China. Cathala previously worked for luxury jeweler Tiffany & Co.The US newspaper New York Times is restructuring its China staff: The new Beijing office head will be Keith Bradsher, who previously headed the Shanghai office. Vivian Wang will also join […]
Following the massacre of civilians in the Ukrainian town of Bucha, the EU has once again urged Beijing to take a clear stand against Russia’s war of aggression. As a permanent member of the United Nations Security Council, China has a special responsibility to maintain international peace and security, EU Commission chief Ursula von der […]
The limits of the “zero covid” policy have been evident for a good week in the metropolis of Shanghai. The situation continues to worsen, with infected people crowding closely together in the quarantine centers. Food distribution is irregular. As important as the containment of the pandemic is, organizational weaknesses are becoming apparent. This is not […]
Barely 15 minutes after China’s leader Xi Jinping met with EU representatives, the Chinese side had already released the first statement with quotes: The People’s Republic hopes that Europe will formulate an independent understanding of China, maintain an independent China policy, and jointly advance stable China-EU relations, the statement said. Xi spoke about the Covid […]
Barely 15 minutes after China’s leader Xi Jinping met with EU representatives, the Chinese side had already released the first statement with quotes: The People’s Republic hopes that Europe will formulate an independent understanding of China, maintain an independent China policy and jointly advance stable China-EU relations, the statement said. Xi spoke about the Covid […]
Chinese consumers continue to feel the economic impact of the Russian invasion of Ukraine at the gas pumps: Thanks to rising global oil prices in the wake of the war, gasoline and diesel cost more in the People’s Republic than they have since at least 2006. As of Friday, price hikes of 110 yuan per […]
The political shuffling within the Chinese Communist Party continues: Ying Yong, Party Secretary in the province of Hubei province, has resigned from his post “for reasons of age,” state officials announced. Ying, a Xi Jinping loyalist, turns 65 this year, reaching the usual retirement age for provincial officials. His resignation came as a surprise to […]
Inga Heiland will take over the management of a research center for trade-related topics at the Kiel Institute for the World Economy on April 1, 2022. In this position, Heiland will conduct research on global container shipping and global supply chains, among other topics.Dennis Kraemer joined Daimler Greater China in Zhenjiang earlier this month as […]