The Starlink satellite network has played a key role in keeping the Internet running in Ukraine against all odds. While Russia still relies on analog radio, the Ukrainian army has digital technology at its disposal thanks to Starlink. As a result, China is already considering destroying Starlink in the event of a conflict with the […]
Aircraft carriers are the ultimate naval instrument of power. They were battle-deciding high-tech weapons in World War II, but they still play a significant role today. For the People’s Liberation Army, it was clear: If the US maintains an entire fleet of these powerful vessels, China needs them as well. Such is the logic of […]
Lu Yi is leaving his post as Vice President of the joint venture of Ford and Changan Auto. This was reported by the news portal Yicai. Lu cites personal reasons for his decision.Sha Yan has moved up from Sales Manager to Deputy Head of Sales China at Eickhoff Bergbautechnik GmbH in Bochum, Germany. He joined […]
This Hong Kong restaurant’s kitchen has sunk. The gastronomy ship “Jumbo” was something of a landmark in the Aberdeen district for over four decades. Especially at night, the ship’s lighting created an exotic atmosphere. Now the giant was to be towed out of the harbor because its operating license had expired. The operator had not […]
The deconstruction of financial conglomerate Huarong is also radiating into Germany. After the execution of company founder Lai Xiaomin, numerous high-profile real estate properties owned by the Huarong real estate subsidiary are vacant – including a replica of the Diaoyutai guesthouse that was supposed to be built in Niederrad near Frankfurt. This was reported to […]
China’s Ministry of Finance is tapping the 2023 budget to help struggling local governments. This is part of efforts to prevent a crash of the economy in the wake of the country’s Covid restrictions. Under the aid program, ¥400 billion (€55 billion) will be injected, reports business portal Caixin. The background is a crash in […]
German Minister of Economics Robert Habeck intends to make values the guiding principle of trade policy – and is making an example of VW. “A company that also operates in the Uyghur province wanted to extend investment guarantees. We are not agreeing to that,” Habeck told the German newspaper Welt am Sonntag. Human rights are […]
US President Joe Biden once again sharpened his tone on the Taiwan issue on Monday. While in Japan, he first promised general military aid to Taiwan in case of a Chinese invasion. When asked about a possible deployment of the US Army, Biden replied, “Yes, we have a commitment to do that“.The US president had […]
After two months of speculation, evidence is mounting that China Eastern Airlines flight MU5735 was intentionally crashed. The crash was the result of deliberate action by the pilot, the Wall Street Journal reported on Tuesday, citing US crash investigators. The US National Transportation Safety Board (NTSB) is currently working with China’s Civil Aviation Administration (CAAC) […]
China will not host the Asian Football Championships next year. Citing the Covid pandemic, the country has canceled the staging of the Asia Cup, the Asian Football Confederation (AFC) announced Saturday. “Following extensive discussions with the Chinese Football Association (CFA), the AFC has been officially informed by the CFA that it would not be able […]