Peter Rosenberger of the China Construction Bank (CCB) moves up to the board of the Association of Foreign Banks in Germany. The CCB is the third-largest bank in China and the world’s second-largest by market capitalization. Rosenberger is managing director of CCB’s Frankfurt branch. QC Liang joins Brunswick Asia-Pacific from American PR agency Hill+Knowlton Strategies, […]
Angela Liu has been appointed head of China at UK-based securities firm Barclays Capital. She joins from Deutsche Bank, where she was head of corporate banking for China and Hong Kong. Prior to that, she worked at Morgan Stanley.Belinda Gan joined US investment firm Capital Group on October 1st to head its European and Asian […]
The contradiction between the two messages in Chinese President Xi Jinping’s speech last weekend was obvious:On the one hand, he offered Taiwan a “peaceful reunification” and even stressed that “aggression and hegemony are not in the blood of the Chinese people”;but on the other hand he called “Taiwan independence” a “risk” to the People’s Republic […]
Vegetables with a Prada-look are the latest sales hit among young shoppers in Shanghai. The fashion company had offered the precious wrapping paper to the vendors at the traditional Wuzhong market. But market owners remained unhappy: The hipsters only came to take a selfie. They didn’t want to buy Prada pig feet in the end.
The Chinese National Development and Reform Commission (NDRC) is revising its Foreign Investment Negative List. The ministry is currently seeking public comments and suggestions for the revision of the document. Removals or additions to this blacklist have far-reaching consequences. No foreign or Chinese players are allowed to invest in industries or product classes on the […]
No one can say that China is casting too wide a safety net in the crisis. In the first half of the year alone, dozens of large companies went bankrupt, leaving a combined €15 billion in debt. So the financial regulator and the central bank are certainly showing the strength to go bust. In a […]
Today we are taking a closer look at the pressing problems of the Chinese electric power industry – and possible solutions. In many regions, the lights are currently going out and the assembly lines are at a standstill because coal-fired power production is reaching its climate limits. Christiane Kühl has read the latest report of […]
China is about to begin test runs of a new type of nuclear reactor: a so-called liquid salt reactor. Behind the exotic name lies a type of reactor that runs on the element thorium and is said to offer several advantages over conventional nuclear reactors. The plant, located in the Hongshagang Industrial Park in Minqin […]
Tesla’s new large-scale factory in Shanghai will have produced around 300,000 cars from January to the end of September. This is reported by the trade magazine Automotive News. This amount is considered high and is already on par with the output of large Daimler plants such as the one in Bremen and the one in […]
Anngret Schulte in den Bäumen has taken over responsibility for Group investments in China at BMW in Munich. She previously held a management position in customer service.Frank Ueltzhöffer was appointed vice president of engineering at Bosch in Suzhou. He previously was Senior Director Global Electronics and Drive at sister company BSH in neighboring Nanjing.Ilaria Mazzocco […]