The season begins: fishing boats leave the port of Putian in the province of Fujian. At the start of the week, a quarter-year grace period for fish ended. The provincial government supports the industry with 700 million yuan (90 million euros) annually. The money is being used to build new infrastructure for the fishing fleets […]
Dennis Spindler has moved from Volkswagen’s headquarters in Wolfsburg to Volkswagen (China) Investment in Beijing, working in the Department of Integrity and Compliance. Spindler previously worked in Controlling and Organizational Development.Clarence Chan transferred from Canadian securities company BMO Global Asset Management to China Asset Management in Hong Kong. He will be responsible for the further […]
Ever since childhood, she regularly visits India and spent time in China as a pupil and student – today, Manisha Reuter is professionally involved with both countries. At the ECFR, one of her responsibilities is the promotion of discourse on China in Europe. A special focus lies on people from business or politics who are […]
New regulations by the Ministry of Industry and Information Technology will require automakers to account for the data collected by connected vehicles, reported by business portal Caixin. The upcoming tightening of regulations is seen as part of the large-scale reorganization of China’s tech industries towards more conformity. A key issue here is the location of […]
The obviously rushed withdrawal from Afghanistan is currently the biggest failure of US policy in Central Asia. Germany, as an ally, is now also deeply involved in the disaster. The big neighbor China, on the other hand, brags that it had predicted the course of events and realistically assessed the Taliban’s strength. America’s decline begins […]
Allen Lee will become one of the CEOs of Shanghai Biren Intelligent Technology, a developer of AI chips. The company headhunted Lee from the Chinese research division of US chipmaker AMD. Lee had worked for AMD for 19 years.Zheng Shaoping is stepping down as chairman of Antong Holdings 安通控股, a logistics service provider. The 58-year-old […]
China has recorded a slight increase in its unemployment rate. It rose from 5 percent to 5.1 percent in July, according to new data from the National Bureau of Statistics in Beijing. While the change may seem minimal, China’s unemployment rate is generally very stable, this makes economists wary of even small swings. Even the […]
The Green party candidate for the office of German chancellor Annalena Baerbock advocates a tougher course in dealings with China. As chancellor, she would impose higher tariffs on Chinese goods under certain circumstances, she said in an interview with German newspaper FAZ on Sunday. “We must pay attention to compliance with standards when there is […]
The Hong Kong Special Administrative Region will probably increase the duration of a mandatory quarantine on entry on Monday. Arriving travelers will then again be confined to a hotel room for 14 days instead of seven. This was decided in response to a high-profile case: a domestic helper tested positive after leaving seven days’ isolation. […]