The well-known economist Zhu Hengpeng has apparently been arrested and removed from office. According to a report in the Wall Street Journal, an investigation has been launched against Zhu for allegedly criticizing Xi Jinping’s economic policy in a private chat group.Zhu Hengpeng has served for the past decade as deputy director of the Institute of […]
Climbing is the trend sport of the season in China. Its popularity is also linked to the success of Chinese athlete Wu Peng, who won a silver medal in speed climbing at the Olympic Games in Paris. Beginners and advanced climbers are now showing themselves in dramatic climbing poses on social media, often in skintight […]
Molly Liu has been appointed head of Starbucks’ China business. She had already been co-CEO for the region since last year. Starbucks is struggling with weak demand in its two largest markets, the USA and China. Liu is expected to stabilize the business, which is under threat from cheaper local competitors.Zdeněk Rod is the new […]
Arwed Schwarz has been BMW China’s Chief Financial Officer (CFO) since July. A business graduate, he has worked for BMW for more than 18 years, including almost four years in China. He is based in Beijing for the Munich-based car manufacturer.Zhenggui Cao has been Vice President and Plant Manager in Nanjing for Bosch Automotive Aftermarket […]
You are one of the most proficient China watchers in the USA and you also have many fans in Europe that read your blog and listen to your Sinica podcasts. Recently, you surprised your readers in a “Letter From Beijing” that you plan to return and spend at least six months per year in China […]
This weekend, it was an important Quad summit in Joe Biden’s hometown of Wilmington. Twenty years after its founding in 2004 and four years after Biden elevated the Quadrilateral Security Dialogue to government leader level, the group consisting of the US, India, Japan and Australia is at a critical juncture. For one thing, three of […]
In August, youth unemployment in China rose to its highest level since the beginning of the year. This was reported by the Chinese statistics office on Friday. According to official figures, the unemployment rate among 16 to 24-year-olds was 18.8 percent last month – up from 17.1 percent in July. The unemployment rate for the […]
Mercedes has to recall 500,000 cars in China. According to the Chinese market regulation authority in Beijing, the vehicles have defects in the moisture resistance of the wheel speed sensor. According to the information, the sensor could malfunction in hot and humid environments during prolonged use and affect functions such as the ESP driving dynamics […]
Lufthansa will, in all likelihood, suspend its flights from Frankfurt to Beijing. Lufthansa CEO Carsten Spohr announced this at an employee event in Munich. A final decision is expected to be made in October. The German airline still offers daily flights from Frankfurt to Beijing. Passengers wishing to fly to the Chinese capital with Lufthansa […]
Apple is losing more and more market share in China to local competitors. Nevertheless, people still stand in line whenever a new iPhone is launched – as shown here in front of the Apple Store in Hangzhou. This is despite the fact that the iPhone 16 in the People’s Republic has to make do without […]