Author

Fabian Peltsch

Fabian Peltsch Published: September 23rd, 2024

23.09.24_Personal details

Itai Ziv has been Head of Corporate Security at VW China since July. Ziv previously worked for the German car manufacturer as APAC Regional Security Officer. He is now based in Beijing.Matteo Carlet has taken over the position of Managing Director at Maurer China. The Munich-based company specializes in building protection systems and steel construction. […]

Fabian Peltsch Published: September 19th, 2024

19.09.24_Edi

The IAA Transportation, one of the most important platforms for logistics, commercial vehicles and the transport sector, is a showcase for innovations and technological advances in the mobility industry. This year, the innovation boost is clearly coming from China, writes Julia Fiedler, who took a look around for you on-site in Hanover.One Chinese newcomer in […]

Fabian Peltsch Published: September 19th, 2024

Sanctions: China may have circumvented US ban on Russian uranium imports

The US government is investigating a possible circumvention of the ban on the import of Russian uranium into the USA by China. There is a suspicion that China is importing enriched uranium from Russia while exporting its own production to the USA, the news agency Reuters learned from government circles on Tuesday. “We don’t want […]

Fabian Peltsch Published: September 19th, 2024

Indo-Pacific: Chinese carrier Liaoning spotted 24 nautical miles off Japanese coast

According to the Japanese Ministry of Defense, a Chinese aircraft carrier entered Japan’s adjacent waters for the first time on Wednesday. According to the Ministry of Defense, the aircraft carrier Liaoning, which was accompanied by two destroyers, entered an area up to 24 nautical miles off the Japanese coast between the southern Japanese islands of […]

Fabian Peltsch Published: September 19th, 2024

Nuremberg automotive supplier: Luxshare from Shenzhen acquires 50.1 percent of Leoni

The Nuremberg-based wiring harness specialist Leoni is selling a majority stake to China. The electronics supplier Luxshare is acquiring 50.1 percent of the shares in the company. According to Luxshare, the purchase price is €320 million. The sale is still subject to antitrust approval.In a statement, the previous sole owner of Leoni, Stefan Pierer, explained […]

Fabian Peltsch Published: September 19th, 2024

19.09.24_Personnel news

Janice Hu is the new head of the China business of the major Swiss bank UBS. She replaces Eugene Qian, who has stepped down for family reasons and intends to take on a smaller role in the company in future. Hu had only recently been appointed Vice President of the company’s own securities house in […]

Fabian Peltsch Published: September 19th, 2024

19.09.24_Dessert

As every year, China marked the anniversary of the so-called Mukden incident with patriotic pomp on Sept. 18. Ninety-three years ago, Japanese officers carried out an explosive attack on the South Manchurian Railway in north-eastern China. The incident, for which the Chinese were held responsible at the time, is regarded as the prelude to the […]

Fabian Peltsch Published: September 18th, 2024

Pension reform – a balancing act for Beijing

Beijing’s pension reform comes into force on Jan. 1. From the beginning of the year, the retirement age will be gradually raised over a period of 15 years until 2039. Following a decision by the Standing Committee of the National People’s Congress, men will stop working at the age of 63 instead of 60. Female […]

Fabian Peltsch Published: September 18th, 2024

18.09.24_Dessert_

It doesn’t get any more Chinese than this: For the Mid-Autumn Festival 中秋节 on September 17, the pandas at Chongqing Zoo were served mooncakes. It was also practically Christmas for the animals in other panda enclosures throughout the country. The bears at the zoo in Sichuan Panda Province were served a feast of mooncakes made […]