Most of the first quarter went well for German Dax companies in China – especially compared to other parts of the world that were firmly in the grip of the third Covid wave. Adidas was able to increase its sales in China by 156 percent. The possible effect of a boycott call in April is […]
President Xi Jinping has reiterated his political program to make China more self-reliant. The world is in “turmoil” and China must therefore strive for greater self-sufficiency, he said in a speech published in the party journal Qiushi. Such statements by the state and party leader are seen in China as directives for action by cadres […]
What has long been expected could become a reality: Chinese vehicle brands on German roads. Geely CEO Li Shufu’s international ambitions are well-known in the automotive industry. According to his ideas, Geely should become “much more” than VW, Hakan Samuelsson stated last year. He runs Volvo, a brand in Li Shufu’s empire. Now, another Geely […]
India is apparently excluding Huawei and ZTE from rolling out its 5G network. The government on Wednesday named a list of companies it wants to invite for the 5G rollout. Chinese network equipment vendors are missing from there. Explicitly named, however, are two European companies, Ericsson from Sweden and Nokia from Finland. This is initially […]
There are around half a million truck drivers in Germany, and their existence is threatened to some extent by fully automated trucks. Politicians and trade unions are so afraid of the social impact of this technical revolution that Daimler is only talking about “upgrading the profession”, not abolishing it – after all, the former drivers […]
Ke Ai (可爱), “cute”, trumps in China – also when it comes to safety accessories. This employee presents a new helmet in comic design at the International Bicycle Fair in Shanghai. Does the horn on the top provide additional protection on impact?
The EU-China Comprehensive Agreement on Investment (CAI) was supposed to facilitate European companies’ access to the Chinese market (China.Table reported) and is considered a precursor to free trade. Now its coming into force has been postponed indefinitely. With Valdis Dombrovskis, Vice-President of the EU Commission, the first high-ranking EU politician openly voiced on Tuesday evening […]
There are many flowery metaphors for the relationship between China and India, such as that of the dragon and the elephant, each with their different speeds. One thing is certain: India is currently in need and China is sending aid. This division of roles fits well with China’s self-image as a successful nation that now […]
With regards to COVID, the same discussion often takes place in Asia and in Europe under completely different auspices. Hong Kong, like Germany, is discussing privileges for vaccinated people. The only difference is that in Hong Kong, there are currently only one or two new infections per day. Vaccinations need a special incentive – and in the future, allowing visits […]
BASF wants to remain at the forefront of new materials in the Chinese market – and is investing €280 million to expand its Innovation Campus in Shanghai. Specifically, the goal is to expand its role as a supplier to the automotive and construction industries. More research and development is needed for this, according to the […]