The event series on economic relations with China at the Kiel Institute for the World Economy (IfW) kicked off with a highly topical issue: the shift towards increased protectionism between major economic fields. The reasons for this are numerous. Prevention of supply bottlenecks, such as recently with protective masks or microchips, is currently at the […]
“A new school year, a new beginning,” this elementary school teacher in Beijing’s Haidian district writes beautifully on the blackboard in two colors. The floral pattern is meant to make the start seem all the more friendly. Elsewhere in the building, people are scrubbing and disinfecting to keep classrooms hygienic during the ongoing pandemic. Some […]
The U.S. government has denounced the lack of responsiveness by Chinese authorities in the fight against the illegal supply of painkillers. The United States-China Economic and Security Review Commission (USCC) sees little actual progress in jointly combating the abuse of the painkiller Fentanyl. This is reported by the news agency Reuters, which received a corresponding […]
Peter Löhnert has joined US investment giant Blackrock in Hong Kong as the new head of index funds for Asia-Pacific. Löhnert has already been working for Blackrock for ten years. Most recently, he was working in London. He began his financial career at Commerzbank in Frankfurt.Zou Jiayi is the new Vice Secretary of the Communist […]
Nicole Kidman is currently filming the Amazon show “The Expatriates” in Hong Kong; here she is seen at the end of a day of shooting in the Mong Kok district. The show is based on a book by author Janice Y. K. Lee. And it actually is about the many expats in the Chinese metropolis […]
For the first time since July 19, China has reported no new Sars-CoV-2 infections, effectively bringing a series of delta outbreaks under control. This success is in marked contrast to rising concerns about high incidence rates in Western countries. The main measures used to contain Delta were mass testing, lengthy and consistently enforced quarantine periods, […]
The German industry is taking increasingly heavy blows from Chinese competition. Since 2000, the EU has been importing more and more goods from China. German products, on the other hand, are selling somewhat less well in comparison, as the economic research institute, IW Cologne has shown in a study. In EU countries, the share of […]
Joaquin Duato is to become the new CEO of pharmaceutical and consumer products giant Johnson & Johnson in early January. Duato also holds a position on the board of directors of the Tsinghua University School of Pharmaceutical Sciences. He is very well-connected in Beijing.Joe Cheng is the new CEO of Hong Kong life and health […]
Chinese weather services are again warning of heavy rainfall in several regions. Further flooding is expected at the Yellow River and the Huaihe River. The province of Henan is once again at risk of heavy rain, as news agency Xinhua warns. The middle sections of the canals for the south-north water diversion are acutely threatened […]
The Shenzhen Stock Exchange has suspended a planned IPO of BYD Semiconductor for the time being. The reason is a review of the advising law firm by the stock exchange supervisory authority, reports the portal Equal Ocean. The Beijing Tian Yuan law firm had recently provided legal support to several high-profile IPOs, including the initial […]