Author

Felix Lee

Felix Lee Published: August 18th, 2022

German automakers lose market share

China’s car market has regained momentum, but German automakers have lost market share. China is once again the “locomotive,” industry expert Ferdinand Dudenhöffer of the Duisburg-based Center Automotive Research (CAR) wrote Wednesday in an analysis quoted by news agency dpa. Although global car sales are expected to decline by 3.2 percent this year, the market […]

Felix Lee Published: August 17th, 2022

Editorial Automotive #49

It takes a good dose of faith in technology to unleash cars under computer control onto the general road traffic. Robot cabs are already in operation in Shenzhen, but they do not yet have a license for regular operation. Here, Chongqing and Wuhan are now taking the lead. They are allowing AI company Baidu to […]

Felix Lee Published: August 16th, 2022

Automotive personnel #49

Dietmar Rambau has been the Vice President for Sales VW Group China at automotive supplier Bosch’s Shanghai location since August 1. The computer scientist has been working in sales for six years.Is something changing in your organization? Why not send a note for our staff section to heads@table.media!

Felix Lee Published: August 15th, 2022

More US members of Congress visit Taiwan

Shortly after the controversial Taiwan visit by the Speaker of the US House of Representatives, Nancy Pelosi, another US delegation arrived on the island republic on Sunday. Members of the US Congress would visit Taiwan from Sunday to Monday, the US representation in Taiwan announced. The visit is said to be part of a trip […]

Felix Lee Published: August 15th, 2022

Editorial #396

It is fairly normal in the news business. And yet, it is alarming just how quickly the voices of the Hong Kong democracy movement have been pushed into the background in the face of the Ukraine war and the increasingly apparent climate crisis in the global public sphere. And yet Hong Kong activists from their […]

Felix Lee Published: August 15th, 2022

Renewed population decline in Hong Kong

Hong Kong is currently experiencing its steepest population decline since record-keeping began in 1961, with the number of residents dropping by 1.6 percent year-on-year to 7,291,600 by mid-2022, according to the statistics bureau. More people have left than moved in.The reasons cited by the government were a lower influx of new workers as a result […]

Felix Lee Published: August 15th, 2022

State-owned enterprises withdraw from New York Stock Exchange

Five Chinese state-owned companies have announced their withdrawal from the New York Stock Exchange. Life insurer China Life, oil giants Sinopec and PetroChina, aluminum group Chalco, and chemical company Sinopec Shanghai Petrochemical on Friday announced requests to delist their American depositary shares (ADS) before the end of August. They are among nearly 270 Chinese companies […]

Felix Lee Published: August 11th, 2022

Taiwan prohibits Foxconn’s stake in chipmaker

According to reports, Taiwan security authorities reject Foxconn’s investment in Chinese chipmaker Tsinghua Unigroup. The Apple supplier’s $800 million investment in China will “definitely not materialize,” the Financial Times quoted a senior Taiwanese government official as saying on Wednesday. In July, Foxconn stated to have a stake of about 20 percent in the Chinese semiconductor […]

Felix Lee Published: August 10th, 2022

Automotive personnel 48

Hannes Ruoff will become CEO of Porsche Asia Pacific in Singapore from October 1. Ruoff was previously divisional head of Asia Pacific, Australia and Emerging Markets.Ma Chuan will become the new president of the China subsidiary of automotive supplier Faurecia on September 1. He is the first Chinese in this role. Ma has worked for […]

Felix Lee Published: August 10th, 2022

Editorial Automotive 48

Of course we use laptops “Made in China” and smartphones from Chinese brands. But buying a car from the People’s Republic? Last year, almost 70 percent of respondents to a China.Table survey could not imagine doing so. The Chinese carmaker “Build your Dreams” (BYD) is not fazed by such figures. BYD plans to start selling […]