At the beginning of his visit to China, US Secretary of State Antony Blinken called for a level playing field for US companies in the People’s Republic. At a Thursday meeting with Shanghai party leader Chen Jining, Blinken raised concerns about China’s “trade policies and non-market economic practices.” Blinken also “stressed that the United States […]
The Zhongguancun Forum (ZGC Forum) opened its doors in Beijing on Wednesday. The five-day high-tech summit showcases the latest technologies in fields such as artificial intelligence and life sciences. Over 3,100 participants from 75 countries have registered for the event in the Zhongguancun Industrial Development Zone in northwest Beijing. A highlight of the opening ceremony […]
Lu Fang has been appointed Chairman of the Chinese investment banking division of JPMorgan Chase & Co. He succeeds previous Chairman Park Pu after almost ten years. Lu will be responsible for overall management, overseeing local governance and the strategic agenda in China.Ning Zhou has been a project manager at Metzler in Germany since April. […]
Germany and China signed an agreement on cooperation in autonomous driving during Scholz’s visit – was that surprising to you in view of the fact that we are still not having a clear stance on Chinese security risks through companies like TikTok and Huawei?It was indeed surprising to me, especially considering the timing. On the […]
Young Chinese have transformed a seemingly unremarkable park in Chengdu’s Yulin district into a mini Disneyland. Where previously it was mainly pensioners passing the time on gym equipment, young people in costumes of famous Disney characters now come together, film videos and listen to music. The hype originated from a dispute between two rappers from […]
A Chinese journalist has been expelled from Sweden because the authorities consider her a security risk. This was reported by the Swedish media Göteborgs-Posten and Sveriges Television (STV) on Monday. According to SVT, the authorities were alerted to the 57-year-old last year through a report by a think tank. The report mentioned her in connection […]
The Chinese real estate developer Shimao is under pressure. On Monday, the Group announced that China Construction Bank had filed a liquidation petition. Shimao plans to fight the lawsuit resolutely. At the same time, the company intends to pursue its plans to restructure its foreign debt of around 11.7 billion dollars. The goal is to […]
Chinese companies have invested heavily in Africa. And they are now also focusing on soft power there. For instance, the Chinese streaming service Boomplay sponsored a music festival in the Kenyan capital Nairobi over the weekend. Local artists such as rapper Sylvia Saru were invited to “Boomfest.” Founded in 2015 by parent company Transsnet, Boomplay […]
Sabrina Qu becomes the new Chairwoman of the Chinese arm of the British oil and gas company Shell. Qu joined Shell in 2017 as General Marketing Manager of the lubricants division in China. She had previously worked at PepsiCo as Marketing Director, Senior Director and VP of Marketing in China.Martin Hofmann has been the new […]
“Realpolitik instead of moral politics” was his credo, said German politician Markus Soeder in defense of his widely criticized China trip in late March. China expert Eberhard Sandschneider sees such visits primarily as an attempt to gain some domestic political points. “Of course, it was also a nod to the current Foreign Minister,” he explains […]