On Dec. 26, China showed the world two new types of fighter aircraft for the first time, which experts classify as potential representatives of the sixth generation. Both models have a futuristic, tailless design, which should improve their stealth characteristics. One of the aircraft apparently has three engines, while the smaller model has two.The test […]
The Chinese Ministry of Commerce is taking a further step in the trade war over strategic raw materials with the USA: on Thursday, the Ministry presented a list of export restrictions for some technologies used to manufacture battery components and process the critical minerals lithium and gallium. Technologies for the extraction of gallium are also […]
With the appointment of Jamieson Greer as the new US Trade Representative, future POTUS Donald Trump is sending a clear signal: The tariff war with China is set to enter a new round. Greer is no stranger to US trade policy. He began his career as a lawyer specializing in international trade and commercial law. […]
The TikTok ban in the United States is approaching. In April, President Joe Biden signed a bipartisan law to ban the social media app if the Chinese owner ByteDance does not transfer control of the platform. Accordingly, ByteDance has until January 19 to find a US buyer. However, the company has repeatedly declared that it […]
Shortly before the important Central Economic Conference this week, Beijing promised more stimulus for 2025. The Politburo of the Communist Party met on Monday to discuss plans for the coming year. The leadership’s explicit promises surprised many observers.According to the meeting minutes, the 24-member committee chaired by Xi Jinping announced that it would aim for […]
The mood of German companies in China has reached a new low. This year’s business climate survey by the German Chamber of Commerce in China, which was presented in Shanghai on Wednesday, shows more clearly than ever the complex reality facing companies in the Chinese market. Despite the poor mood, an overwhelming majority do not […]
Huawei is not only making progress with its in-house developed microchips, the tech giant from Shenzhen also has big software plans. Similar to Apple with iOS, Huawei is working on a closed operating system for its devices. HarmonyOS NEXT was unveiled in October.While the previous versions of HarmonyOS allowed developers to port their Android apps […]
The appointment of Marco Rubio poses a dilemma for Beijing. The senator from Florida is set to become the new US Secretary of State under President Donald Trump. The same Rubio who has been sanctioned by the People’s Republic of China since 2020 for his public support of the pro-democracy mass protests in Hong Kong. […]
On election night, President-elect Donald Trump singled out one man in particular in his victory speech: Elon Musk. Trump spent several minutes praising the entrepreneur’s achievements, who builds electric cars and spaceships, controls a social network and provides the world with internet access via satellites. “We have a new star … a star is born […]
Rupert Hoogewerf is one of the most knowledgeable experts on China’s super-rich. Since 1999, the Englishman has been publishing the so-called Hurun Report, a list of the names of China’s billionaires. But the data is more than just gossip about the upper ten thousand. According to Hoogeweerf, the Hurun China Rich List mirrors the Chinese […]