The internet giant Alibaba will get a holding structure. It will split into six subsidiaries. These are to take care of their finances independently. One of the most important goals here: They are to independently pursue IPOs, as the company announced on Tuesday. With this step, the most important business areas of the 220 billion […]
The Chinese government has to save more and more Silk Road partners from default. By the end of 2021, China will have disbursed 240 billion dollars in bailout loans to more than 20 countries. This is the finding of a new study by the Kiel Institute for the World Economy (IfW Kiel), the World Bank, […]
The visit of Minister of Education Stark-Watzinger to Taiwan is a double concern for us today in the aftermath. Speaking with Fabian Peltsch, Taiwan’s former Minister of Culture, Lung Ying-tai, expresses skepticism about whether such visits even serve a purpose. She sees such visits as part of a big play in which the USA and […]
There has been far too little rain in Taiwan recently – and this is also affecting the semiconductor industry. The global market leader TSMC requires almost 100 million liters of water per day at its Taiwan Science Park site alone, reports Nikkei Asia. The industrial city of Kaohsiung has already announced water conservation measures this […]
Xi Jinping’s visit to Moscow mainly leaves losers. Ukraine is the most bitter case, writes Michael Radunksi in his review of the summit. For the victim of the war of aggression, there is still no tangible prospect for peace on acceptable terms.This is also evident from the final paper of the meeting, which Frank Sieren […]
There is renewed excitement about Huawei: Telekom and the Chinese network supplier are said to have agreed in 2019 that Huawei would supply Germany with network components containing American parts as a precautionary measure – before US sanctions against the company take effect. Telekom is then said to have stored the parts for later use. […]
A clear majority of adult German citizens would accept a lower network expansion speed in exchange for foregoing Huawei technology. This is the result of a poll conducted by the research company Civey on behalf of Table.Media. In the context of the security debate surrounding Huawei, German mobile phone companies such as Telekom, Vodafone and […]
The EU is waking up about raw materials. China has been securing the resources it needs to fuel its economy for decades, while Europe has long relied on free market mechanisms. That is honorable, but it is no longer fitting, when other economic blocs use robust methods to gain access first.Therefore, the Raw Materials Act […]
The world is once again sorting itself into the blocs my generation grew up with. Europe as a junior partner of the US in the West against an East consisting of Russia and communist China – this seems familiar. The impression of this development was reinforced over the weekend during Ursula von der Leyen’s visit […]
The new Chinese Defense Minister is General Li Shangfu 李尚福. Li comes from the red nobility of the CP, enjoys the confidence of ruler Xi Jinping, and has the best relations with Russia. He previously headed the Equipment and Armament Department of the Central Military Commission, or EDD (中央军委装备发展部). In that post, he purchased several […]