Apart from a two-week closure at the beginning of the pandemic, Macau’s casinos had managed to stay open despite the pandemic. That is now over. Due to the worst Covid outbreak to date, the government of the Chinese Special Administrative Region has ordered all casinos to close their doors for a week starting Monday. Non-essential […]
Some people are skeptical about the boom in electric drives and see hydrogen as a far more promising alternative. Accordingly, Christian Domke Seidel took a look at how far China has already come in the field of hydrogen mobility. After all, at the Olympic Games in Beijing, the smooth operation of hydrogen-powered buses and shuttles […]
Tobias Czapka has moved to the position of Manager for System Engineering BEV-Powertrain China at VW. The engineering doctor was Lead Technical Project Manager Gasoline Engines at VW until June. Here, too, Czapka was already responsible for China and the Eastern Regions.Is something changing in your organization? Why not send a tip for our HR […]
Audi has begun construction of a new EV plant in the northeastern Chinese industrial metropolis of Changchun. The company has been present there since 1988 with a joint plant with FAW. Starting in 2024, up to 150,000 electric cars are to be built there annually for the Chinese market based on the PPE luxury platform […]
Frank Fang Yang is to become the new CEO of the Digital Sales and Services Company at Volkswagen China. The 43-year-old previously worked for various Chinese and international companies, including in the areas of sales, marketing, brand development and research & development. He is also the founder and CEO of the controlling startup AVATR Technology.Mert […]
Camp imprisonment and forced labor are not as far removed from German actors as they might think. After all, the globalized economy today connects all parts of the world. At the latest since the revelations of the Xinjiang files, the topic has also arrived in Western societies. Increasingly, companies are also coming under pressure as […]
There is no question about it: Russia’s President Vladimir Putin is currently the main enemy of the G7 countries. And the leaders at the summit in Elmau made this unmistakably clear when they spoke of Russia’s “dirty war of aggression” and expressed their solidarity with Ukraine. But one other country, in particular, is targeted by […]
A whopping $600 billion – is the sum G7 countries have agreed on for a comprehensive investment program for developing countries in response to China’s Silk Road initiative and Beijing’s growing global influence. The amount will be “mobilized” over the next five years to fund infrastructure projects in developing countries, US President Joe Biden announced […]
Mr. Philippi, you offer some beautiful things on your website. How much of it comes from China?Before the pandemic began, the share from China was around 70 to 75 percent. We are now perhaps still at 55 to 60 percent, tendency falling. Unfortunately.The reason for the decline is the travel restrictions due to the pandemic […]
The Western world stares at an eight-day marathon of events over the next few days, including the EU summit in Brussels, the G7 meeting in Elmau, and the NATO summit in Brussels. And as far as the war in Ukraine is concerned, the participating leaders agree, at least in principle: Russia is the aggressor in […]