The tiger is actually a popular animal in China. The magnificent feline predator symbolizes strength, vitality, risk-taking and adventure. Just twelve years ago, when the last year of the tiger was welcomed, millions of Chinese people associated the zodiac sign with new beginnings, openness and strength. This summed up the mood of 2010 nicely. It […]
Opel parent company Stellantis is looking to make headway in the Chinese market by acquiring a majority stake in its joint venture GAC-Stellantis. Stellantis will increase its 50 percent stake to 75 percent, the carmaker merger between Peugeot and Fiat Chrysler announced on Thursday. The Chinese government still has to approve the deal. Details of […]
Luxembourg’s Foreign Minister Jean Asselborn pointed out earlier this week that wars should not be waged during the Olympic Games. He referred to a United Nations resolution. “I believe that gives everyone time to think about war and peace and then make the right decision,” Asselborn said. A notion that also suits Xi Jinping at […]
in Europe, more and more countries seem to be coming to terms with the fact that Omikron is rushing through. At least the measures are no longer being tightened. After all, a large part of the population is vaccinated. People in China are vaccinated, too. But the Chinese vaccines seem to be insufficiently effective against […]
A discussion on how to deal with Taiwan has also started in the Czech Republic. “We have to defend certain values such as freedom, democracy, and the rule of law,” says Nathalie Vogel of the European Values Center for Security Policy (EVC), a Prague-based think tank. Vogel is referring to a change in mood in […]
Those who have left the country out of fear of the Chinese leadership cannot even feel safe outside the country. According to a report by the Spanish-based human rights organization Safeguard Defenders, the communist leadership in Beijing has used extrajudicial coercive measures to force nearly 10,000 Chinese nationals abroad to return to the People’s Republic […]
Eleven years ago, Google said goodbye to China because the company did not want to censor the results of its search engine according to Beijing’s guidelines. However, the U.S. giant never completely left the People’s Republic. Since 2017, Google has been operating a research center for artificial intelligence in Beijing, and it is also a […]
Ferdinando Sorrentino is to become the new head of automotive supplier SEG Automotive, based in Stuttgart. Sorrentino succeeds Peter Sokol and Frank-Lorenz Dietz, who have left the company. He is to increase the market presence in China.Daniel Zhang Yong has resigned from the supervisory board of Weibo. The CEO of Alibaba Group Holding had left […]
While market leader Volkswagen has suffered considerably under chip supply bottlenecks over recent months, and Daimler also recorded a slight decline in sales, BMW 2021 was able to significantly increase its sales in China. Sales increased by 8.9 percent to just under 850,000 vehicles. BMW thus sold more cars in China than ever before, the […]
New year, new luck – you might think. But 2022 will be anything but easy for German automakers. In China, the domestic competition from newcomers such as Nio and Xpeng is now stronger and more numerous than in Europe, says automotive expert Stefan Bratzel. He has identified a number of weaknesses: German carmakers are lagging […]