Dennis Tak Yeung Hau is stepping down from his post as Group Vice President of Tencent Music Entertainment Group. He cites private reasons for his decision. CEO Ross Liang is taking over some of his responsibilities for the time being.Randy Jernejcic will be CEO of the first hospital opened by US hospital operator University of […]
The anti-corruption campaign as reality television: In a five-part series, state broadcaster CCTV is currently airing particularly spectacular examples of corrupt government officials. The show’s title is “Zero Tolerance” 零容忍, its presentation exciting and modern, the music moving. Emotionally, it is pulling all the stops.The series presents real cases showing the work of the CCP’s […]
For Paul Harris, an explosive term ends in January 2022. “I will try to protect freedom in Hong Kong. I don’t know if I will succeed,” he had told the British newspaper The Times when he was elected chairman of the Hong Kong Bar Association for a year in early 2021. He was aware that […]
In the crisis surrounding Chinese real estate group Evergrande, Beijing’s leadership is showing signs of easing tensions and sending state-owned companies to the rescue. The state-controlled Shanghai Pudong Development Bank announced a ¥5 billion (€690 million) bond for construction projects on Tuesday. Experts expected other financial institutions to follow suit, putting real estate financing on […]
The business climate surveys by the German Chambers of Industry and Commerce (AHK) are a fixed date in the annual calendar of business in China. The German association is usually a bit more optimistic here than the EU chamber. Moreover, their demands are typically not quite as sharp. This year, however, it seems to be […]
Chinese authorities believe that several people infected themselves with Covid over packages sent from the United States. The first individuals who tested positive for Omicron in Beijing and Shenzhen had contact with foreign mail, state media report. The first Omicron case was registered in Shenzhen on Sunday. The gene sequences are said to correspond to […]
Over the last years, geopolitical tensions between the US and China have spilled over into innovation cooperation between the two countries, most notably in the high-tech sector. Most visibly, the US has extensively used export and investment controls to reduce the outflow of advanced technology products to China. China has responded with an acceleration of its […]
The Chinese automotive industry could miss the government’s target of achieving climate neutrality by 2060. The environmental organization Greenpeace warned about this development in a report on Tuesday. Although manufacturers are well on track with their current course to reach a peak in emissions in 2027, the cutback in sales of combustion engine vehicles is […]
China’s growth has once again exceeded its own targets. Economic output rose by 8.1 percent in 2021. This was announced by the National Bureau of Statistics in Beijing on Monday. Premier Li Keqiang had announced “over six percent” last March. With slow real estate growth and a protracted pandemic, analysts expect a much lower figure […]
There are still three weeks to go before the start of the Winter Olympics in Beijing. We look ahead and back at the same time: In an interview with Frank Sieren, former ambassador Michael Schaefer talks about the diplomatic handling of the Games in 2008. Today, it has almost been forgotten that human rights were […]