CATL, the global market leader in batteries, and BASF, the world’s largest chemical company, have entered into a partnership to develop and supply materials for modern batteries. The goal is also climate protection: Both companies have signed a framework agreement to achieve their respective emission neutrality targets more quickly. The cooperation involves the supply of […]
There has been an earthquake in the province of Sichuan in western China. State media reported a magnitude of 6.0 on the Chinese scale for measuring seismic intensity. Numerous buildings were damaged. Citizens had to be evacuated and took shelter in tents in schoolyards, among other places. On Thursday evening, Central European Time, the confirmed […]
Xu Siwei has been appointed the new CEO of China Aviation Supplies Holding (CASC). The 55-year-old succeeds Jia Baojun. CASC is a state-owned leasing provider for aircraft that is located directly under China’s Civil Aviation Administration.Jia Shirui will be the CEO of the Xinxing Cathay International Group, a state-owned logistics and production service provider that […]
China is being surrounded. At least that’s how Beijing’s must feel. First, the US, the UK, and Australia agreed on a security pact directed at China. Then, on the very same day, the EU presents its Indo-Pacific strategy at long last. In addition, Japan’s navy has begun a large-scale maneuver off the Chinese coast. It […]
Technological competition between Europe and China is on our minds across the board today. While EU Commission President von der Leyen is pushing for the resurrection of a domestic chip industry, China is already showing off the results of its own, very similar initiative. The IT group Baidu is beginning the production of chips with […]
Xu Jiayin 许家印 (62) could go down in economic history as one of the biggest bankrupts before the end of the year. His real estate conglomerate Evergrande is threatened with insolvency(China.Table reported). Yet just a year ago, Xu was considered one of China’s most successful entrepreneurs. State media praised him as one of the country’s […]
Sebastian Heim is now responsible for BMW’s China strategy in Munich. He has international experience, including as a supply chain planner for BMW in South Africa. Valerie Jeblick has left China, where she worked for Volkswagen in the Component Business Department, with a focus on electric drives and batteries. She now works in Salzgitter for […]
The hasty withdrawal from Afghanistan is having an almost physical effect on the balance of power in Asia. The vacuum left by the Western alliance is now being filled by other players. Today, our author Michael Radunski takes a look at a lesser-known player that is currently gaining status as a result of US actions: […]
Michael Marquardt is moving from his post as COO of investment company Zerobridge in Hong Kong to investor services provider IQ-EQ in Singapore. He will become the regional CEO. His main task is to drive the expansion in China.Florian Boetschi has moved from German asset manager DWS to Bellevue Asset Management in Hong Kong. As […]
Marcel Wiedmann transfers to Shanghai for the automotive supplier Hella. He will head the Hella Corporate Center China and will also be appointed Executive Vice President Finance & Controlling. Wiedmann was previously responsible for logistics and quality assurance at the Lippstadt site.