In search of an alternative to China’s Belt and Road Initiative, the Philippines are looking towards the West and other regional partners. According to a Reuters report on Monday, Japan, South Korea and India have offered to finance railway projects in the Philippines worth nearly five billion US dollars, as announced by Manila’s Transportation Minister […]
Beijing used the Xiangshan Forum to send a signal of détente towards Washington. The most important sentence at the defense summit, a kind of Chinese version of the Munich Security Conference or the Asian Shangri-La Forum, came from Zhang Youxia. The 73-year-old is vice chairman of the powerful Central Military Commission. The only person above […]
The Third Plenum is just around the corner – the key meeting of the party leadership, held only every five years, where the economic course is discussed above all. Most observers expect it to take place this year in late October or, at the latest, in the first half of November. This has usually been […]
Chinese telecommunications giant Huawei has officially announced the launch of an even faster mobile internet. According to the company, at the Mobile Broadband Forum in Dubai a few days ago, Huawei presented a “complete portfolio of 5.5G products” for the first time. Thirteen leading network operators used the forum to announce the construction of 5.5G […]
The Presidents of China and Russia jointly courted the Global South at the Silk Road Forum in Beijing. Xi Jinping and Vladimir Putin used the grand stage to emphasize the achievements of the infrastructure initiative despite known criticisms of the project.Xi began proceedings on Wednesday. In his opening speech for the forum in the Great […]
China plans to properly celebrate the tenth anniversary of its Belt and Road Initiative (BRI). This is why head of state and party leader Xi Jinping will host the Silk Road Summit in Beijing next Tuesday and Wednesday. It will be the third forum of this kind after 2017 and 2019.Even before the state guests […]
The Chinese tech conglomerate Huawei is on a roll. First, the company from Shenzhen surprised everyone at the beginning of September with its new smartphone, the Mate 60 Pro. Thanks to chips from the Chinese manufacturer SMIC, Huawei can bypass the existing US sanctions with this new device and is expected to regain market share. […]
A draft law under which people could soon be punished for their choice of clothing has been causing heated debate in China in recent days. It concerns a new passage in the Public Security Administration Punishment Law, which came into force in 2006. The Standing Committee of the National People’s Congress presented a draft with […]
The Huawei flagship store in Shenzhen in southern China is seeing more visitors these days than it has in a long time. Not much was happening here recently, which was mainly due to US export restrictions. Since 2020, they have made it practically impossible for Huawei to integrate high-end foreign chips into its smartphones. From […]
German companies and expats have expressed relief at the extension of tax benefits in China. A corresponding announcement by the highest tax authority on 18 August shows that, if contracts are drawn up correctly, rent or school fees, for instance, will still not have to be included in taxable income. This significantly reduces the tax […]