It always begins at Athens’ historic Panathinaiko Stadium: Here, China picked up the Olympic flame for the second time on Tuesday. This time it’s destined for the Winter Games, which starts in Beijing in February. Until then, the fire will make its way back to the People’s Republic. It remains to be seen whether this […]
For the first time, Chinese and Russian naval vessels have jointly crossed a strategically important strait off Japan. This is reported by Japanese news agency Kyodo. The transit already occurred on Monday, but the Defense Ministry in Tokyo had only confirmed it recently. China and Russia have already held joint maneuvers this month.The Tsugaru Strait […]
Zeng Yi has been appointed chief executive of China Electronics Corporation (CEC), a state-owned enterprise with close ties to the military. The 56-year-old has many years of experience in China’s defence industry. Amy Shang joins client services at investment firm Grantham, Mayo, Van Otterloo (GMO) with responsibility for the Chinese market. Shang is relocating from […]
Microsoft is shutting down the Chinese offshoot of professional network LinkedIn. A reaction to an intolerable level of censorship? No. The main reason for the closure was the network’s lack of success. Our author Frank Sieren explains why this doesn’t change much for China or Microsoft: Chinese users prefer to use domestic platforms. Expats and […]
A long-term experiment involving a female taikonaut and two male taikonauts began in space on Saturday. The crew lifted off from the Jiuquan space port and arrived at China’s Tiangong space station just eight hours later. They are expected to remain in weightlessness for six months. By closely monitoring their biological functions, Chinese researchers hope […]
The origin of the new Coronavirus has plagued the world for so long remains a mystery. It will probably never be fully explained when and where exactly it jumped to humans. However, the World Health Organization (WHO) is not going to let the matter rest and has created a committee to gather and evaluate scientific […]
Concerns about the credit rating of China’s Evergrande real estate group are spreading throughout the markets. The company has missed several deadlines for interest payments to its investors over the week. What alert market participants have long suspected is becoming a certainty: The company does not have enough liquid reserves to service its numerous loans. […]
Germany is facing a sharp rise in electricity prices – with the cost for natural gases potentially quadrupling. First voices already pinpointed China’s enormous demand as one cause of the phenomenon. The People’s Republic is indeed already severely affected by the global energy crisis: Power outages will probably continue to plague the country throughout winter, […]
The northern coal province of Shanxi 山西 has been hit by heavy rainfall and flooding. Videos on social media Tuesday showed rivers that had burst far beyond their banks, sweeping away villages. Railway lines and roads were washed out. According to media reports, 15 people died in the floods. According to authorities, 120,000 people had […]
On its stop in the Ruhr city of Muehlheim, the Terracotta Army, an exhibition of replicas of ancient Chinese clay soldiers, has attracted 25,000 visitors over the past seven months. The exhibition is now moving on to Viernheim in Hesse. It has been touring Germany since 2002 and regularly sparks interest in Chinese antiquity. fin