Christian Schotmann joined Swiss industrial component manufacturer Carlo Gavazzi Automation as Interim Manager China in January. The manager with a background in sales, marketing and business development worked at Helukabel China until December. He is based in Shanghai.Knud Erik Clausen joined SternIngredients China as a Consultant at the end of 2023. Previously, he was Managing […]
Just days before the elections in Taiwan, Beijing has revealed further details this week about its “cooperative development zone” between Taiwan and the coastal province of Fujian. The goal is to integrate the democratically governed island more closely into the mainland Chinese economic sphere – provided the Taiwanese are willing to agree. This would presuppose […]
The Swedish company Northvolt has received permission for a battery factory in Germany. On Monday, the EU Commission approved funding and guarantees from the German federal and state governments amounting to 902 million euros. It is the largest industrial project in the German state of Schleswig-Holstein in decades. “I am very, very pleased that this […]
US chip manufacturer Nvidia plans to mass-produce AI chips for the Chinese market in the second quarter of 2024. The chips, known as H20, L20 and L2, are designed to comply with the stricter US export regulations for China, Reuters reported on Monday, citing people familiar with the matter. According to Reuters, initial deliveries will […]
While tourists in China’s northernmost province of Harbin admire ice sculptures wrapped up tight in winter clothes, the southwestern province of Yunnan has a completely different winter atmosphere. Here, visitors to the city of Jinghong splash themselves with buckets of water at 28 degrees Celsius. The annual water throwing is a traditional festival of the […]
Andy Chiang will become Managing Director for DHL Express Hong Kong and Macau and a member of the DHL Express Asia Pacific Management Board. Previously, Chiang was Head of Global Strategic Finance at the express service provider. Hanns-Philip Wurster has been Managing Director China at KLS Martin since January. Wurster is moving from Tuttlingen to […]
A rebel alliance in Myanmar has gained control over a crucial town on the country’s northern border with China after weeks of fierce fighting with junta troops. The “Three Brothers Alliance,” as the group is known, announced on Friday that it had captured the town of Laukkai after the military’s regional headquarters there surrendered. Almost […]
China has imposed sanctions against five US defense companies. According to a spokesperson for the Chinese Foreign Ministry on Sunday, the measures are a reaction to the latest round of US arms sales to Taiwan. Last month, Washington authorized the sale of equipment worth 300 million dollars to Taiwan, including tactical information systems. Beijing sees […]
China has initiated an anti-dumping investigation against EU brandy. Spirits such as brandy exported to China in containers with a capacity of less than 200 liters are affected. The Ministry of Commerce made the announcement in Beijing on Friday. The investigation is likely to affect French alcohol brands in particular, which have an important sales […]
China’s tourism industry hopes for an upswing in both domestic and international travel in 2024. The China Tourism Academy, part of the Ministry of Tourism, expects six billion trips to China in 2024 and revenue of six trillion yuan (around 773 billion euros), as Deutsche Presse-Agentur reports.The Tourism Academy calculated 5.4 billion trips and 5.2 […]