The European Commission continues to look for ways to ban imports of products made from forced labor. Sabine Weyand, Director-General for Trade from the EU Commission, rejects the approach by US authorities. The US model, which combines product-specific bans with origin bans, is “not effective,” Weyand told the European Parliament’s trade committee Tuesday. In China’s […]
About two months before the parliamentary elections in Hungary, the opposition has scored a success in its planned referendum on an offshoot of China’s Fudan University in Budapest. More than the 200,000 signatures needed for the referendum had been gathered, the mayor of the Hungarian capital, Gergely Karácsony, announced via social media. The citizens of […]
The European Commission continues to look for ways to ban imports of products made from forced labor. Sabine Weyand, Director-General for Trade from the EU Commission, rejects the approach by US authorities. The US model, which combines product-specific bans with origin bans, is “not effective,” Weyand told the European Parliament’s trade committee Tuesday. In China’s […]
Lim Kok Thay has resigned as Chairman and Chief Executive of bankrupt cruise group and MV Shipyards owner Genting Hong Kong. Liquidators are now to draw up a restructuring plan for the company, the group told the Hong Kong Stock Exchange on Monday. In addition, Au Fook Yew resigned as Vice Chairman and President of […]
When violent protests broke out in Kazakhstan a few weeks ago, the reason seemed to be found quickly: The impoverished population is suffering too much from the increased energy prices. Yet the country is actually rich – thanks to mineral resources, economic reforms and its geostrategic location. China and Russia know this, too. In his […]
Lithuania is the latest example of economic coercion from Beijing, but it is not the first. Can you give us a brief overview? So the first thing to say is that Beijing’s economic coercion is not a new phenomenon. Other countries have been subject to similar measures in recent years. We have Australia, following its […]
Brussels’ response to China’s Belt and Road Initiative (BRI) is still in its infancy. By mid-2022, however, the EU Commission wants to propose concrete projects for its global infrastructure strategy Global Gateway. Brussels sees the involvement of the private sector as a “unique competitive advantage” here. “Global Gateway must make full use of it in […]
According to media reports, Germany is now getting involved in the trade conflict between Lithuania and China. Franziska Brantner, State-Secretary at the German Federal Ministry of Economics, is planning to travel to Vilnius this week to discuss problems for German and Lithuanian companies arising from the Chinese trade blockade. The Green politician will meet representatives […]
Beijing has expressed its support for Kazakh President Kassym-Jomart Tokayev’s violent crackdown on protesters. President Xi Jinping specifically praised the Kazakh leader for his response to protests in Kazakhstan. “showing your position of responsibility and sense of duty as a politician, and of being highly responsible for your country and your people,” Xi wrote to […]
Ding Yun has been appointed as the new president of Huawei’s Enterprise Business Group. Ding has worked for Huawei since 1996. Within the company, Yun has served as Product Line President, Global Solution Sales President, Global Marketing President, and Products and Solutions President.Liza Zhang becomes the new Managing Director of MSL China. The PR company […]