Promotional photos featuring Chinese models have sparked a discussion in China about the propriety of using emphatically Asian looks. The overall impression of the pictures promotes harmful stereotypes about Asians, according to posts on the social platform Weibo. Among others, a campaign of automaker Daimler is affected. The Chinese snack vendor Three Squirrels was also […]
The CCP just doesn’t appoint anyone to the top posts in the Xinjiang Autonomous Region. Xinjiang is the highest sensitive administrative province, even before Tibet. Those who prove themselves there have a chance to rise to the top of the national leadership.That is why two personnel decisions are currently causing a stir. Chen Quanguo (66) […]
The case of Continental is currently stirring things up. For the first time, China is attacking the automotive industry of its partner nation Germany. What does that tell us?Indeed, a new approach to trade policy is beginning to emerge here. China is now also starting to use supply chains as a political tool. Goods with […]
Huawei unveiled the Aito M5, a hybrid SUV by its partner Seres, just before Christmas. It will be equipped with the group’s Harmony OS universal operating system. The car is expected to be available from February and is integrated into the Huawei ecosystem. It can be opened and started with the company’s smartwatch.Huawei asserts that […]
Chinese car manufacturers will be authorized to be one hundred percent owned by foreign companies in the future. A new version of the negative list in question will come into effect on January 1, 2022, the National Development and Reform Commission announced on Monday. These changes were already decided on and announced with the changes […]
The demolition of a politically charged sculpture has apparently begun in Hong Kong: The “Pillar of Shame” has disappeared behind yellow construction tarps. Images posted on social media show workers tampering with the eight-meter-high artwork on the University of Hong Kong’s railing on Wednesday night. The column commemorates the bloody crackdown on protests in Beijing […]
Jean-Philippe Parain will take over responsibility for the sales regions Asia-Pacific, Eastern Europe, Middle East, and Africa at BMW from April 1, 2022. He succeeds Hendrik von Kuenheim.Ritu Chandy, previously Regional CEO for Asia Pacific at BMW Financial Services, will become Head of Group Finance at BMW from April 1.
China’s central bank has cut a key interest rate to inject more liquidity into the country’s shaky financial markets. The Prime Lending Rate (LPR) fell to 3.8 percent from 3.85 percent. It was the first rate cut by the People’s Bank of China (PBoC) in nearly two years. Chinese monetary policy is thus running counter […]
In international politics, small events can grow into big problems. First, the government of Lithuania underestimated how seriously China takes even small Taiwan provocations. Now, the car industry and the German government are in an uproar. China is refusing to import parts from major supplier Continental if they contain components from Lithuania. The company manufactures […]
What was perceived as “supply chain disruptions” at the beginning of the pandemic is now a permanent state. Goods arrive late or are not available at all for weeks and months. The economy is short of parts, causing intermediate and final products to be unfinished, which in turn are missing elsewhere.The sputtering supply chains are […]