The Ant Group has apparently received enough punishment from the perspective of China’s leadership: Authorities are considering granting the financial branch of the Alibaba Group its IPO after all. This is reported by news agencies Bloomberg and Reuters. Green light for the IPO is seen as a sign that the crackdown on tech companies is […]
The USA is forcing the EU’s hand on the matter of forced labor. In the future, the Americans plan to have goods confiscated at the border if their clean origin cannot be definitively verified. Europe now fears that it will be the global dumping ground for products manufactured with forced labor. The ethically correct solution […]
The USA is pushing the EU on the issue of forced labor. In the future, the Americans want to have goods confiscated at the border whose clean origin cannot be clearly proven. Europe now fears that it will be the global dumping ground for products made with forced labor. The ethically correct solution is to […]
The EU Chamber of Commerce in China and research institute Merics have warned companies against naively shifting R&D to China. “Companies have to be clear where the risks are and where their competitive advantages lie,” said Chamber President Jörg Wuttke on Wednesday at the presentation of a study on innovation in China. It is titled, […]
The EU Chamber of Commerce in China and the Merics research institute are warning companies against naively shifting research and development to China. “Companies need to be clear where the risks are and where their competitive advantage lies,” said Chamber President Joerg Wuttke on Wednesday at the presentation of a study on innovation in China. […]
The Chinese car manufacturer BYD has surpassed Volkswagen in terms of market capitalization. This means that three groups are now ahead of VW: Tesla, Toyota and BYD. All three are characterized by considerable expertise in the fields of e-mobility and hybrid drives. With the USA, Japan and China, three non-European countries now also have the […]
US President Joe Biden has suspended tariffs on solar panels from four Southeast Asian countries for two years, but is keeping import restrictions on China. The temporary exemption applies to panels from Cambodia, Malaysia, Thailand and Vietnam, the White House announced on Monday.Biden’s decision came only shortly after his administration had launched an investigation against […]
Antonia Hmaidi has joined the China Research Institute Merics in Berlin as an analyst for semiconductors and Internet architecture. She will primarily research China’s efforts to achieve economic independence and technology leadership. Hmaidi was previously employed at the University of Duisburg-Essen.Wang Zheng is now Deputy General Manager of Schiess Werkzeugmaschinenfabrik in Aschersleben. He joins from […]
Have you been struggling to learn the Chinese language for a while now? In the beginning, you may have enthusiastically downloaded a learning app. But when you wanted to show off your language skills on your next visit to a Chinese restaurant, it turned out that this strategy wasn’t the best one. Because instead of […]
Volkswagen marketing boss Jochen Sengpiehl is apparently moving to Beijing. This was reported to China.Table from automotive circles. Sengpiehl is expected to boost sales in China, the Group’s largest market. Sengpiehl will work with the new country head Ralf Brandstaetter to polish up Volkswagen’s recently less-than-modern brand image (China.Table reported). The company’s electric ID line […]