Jeff Wu is to become the new Head of Market Sales China at Citigroup. In his new role, he will standardize the bank’s sales strategy for the various market products and unite the offshore and onshore teams under a single management structure for the first time. Wu has been with the US bank since 2010.Raphaela […]
Till Kundt has been Vice General Manager China at Hape Holdings AG since January. Kundt will develop a comprehensive growth strategy for brand positioning in the Chinese premium market for the Swiss toy manufacturer. He will be based in Ningbo.Xu Hou has been Business Development Manager at the China International Investment Promotion Agency Germany, the […]
China intends to suspend treasury bond purchases for a month. This was announced by the Chinese central bank (PBOC) on Friday. In a statement, it said that the supply of bonds was no longer sufficient to meet demand.The move aims to curb investor speculation about low economic growth, as this weakens the currency and affects […]
China’s President Xi Jinping will send a high-ranking envoy to Donald Trump’s inauguration. This is reported by the Financial Times, citing several people familiar with the background discussions. Beijing has reportedly made a corresponding announcement to Trump’s transition team. One likely candidate is Vice President Han Zheng. He had already represented Xi at public ceremonies […]
If you talk to people in African countries such as Kenya or Namibia, you often hear good things about China and the many Chinese investments on the continent. For example, people say that the Chinese finish what they start. Or: If China has managed to become so rich in just a few decades, then maybe […]
A TikTok ban in the United States is becoming more likely. On Friday, the nine Supreme Court judges heard oral arguments on the case. Noel Francisco, TikTok’s lawyer, also spoke at the two-hour hearing. The judges rejected his argument that a ban would curtail the right to freedom of speech guaranteed by the US Constitution. […]
With a flagging economy and high unemployment, young Chinese are spending less and less money. This is not only reflected at the box office, but also when it comes to food. Under the hashtag #花小钱吃大锅 – meaning “pay little, eat a lot” – China’s netizens are giving each other advice on how to get the […]
Adrian Goh will become Chief Executive Officer of Munich Re’s China office effective April 1. Mr. Goh joined Munich Re Singapore in 2019 as Head of Enterprise Risk Management for the Asia Pacific, Middle East and Africa region. He will be based in Beijing.Yang Zhang has been VP Of Network Planning & Operation at Jaguar […]
In October 2024, the Holy See and Beijing renewed the agreement on bishop appointments in mainland China for the third time. The terms of the agreement were not made public, but Pope Francis said that it provides for a joint commission of the Chinese government and the Vatican for bishop appointments. The extension proves that […]
Robert Jäger has been Head of Interior Purchasing at BMW China since this month. Jäger has already gained more than seven years of experience as a purchasing specialist in the automotive industry at BMW in Munich. He is now based in Beijing. Wei Tong has been Manager of Procurement Department, Greater China, at Pulcra Chemicals […]