China vehemently opposes accusations of interfering in the US election campaign. But the network analysts at Graphika paint a different picture. The company is studying the origins of highly opinionated and controversial comments on social media. A few weeks ago, Graphika published a report that identified the Chinese state as the driver of a campaign […]
In the global race to develop nuclear fusion, a small start-up from Shanghai is making considerable progress. Experts around the world are impressed by the experimental reactor “Honghuang 70” (HH70), which the company Energy Singularity claims to have built in just two years and put into operation in the summer. What makes it unique: It […]
China’s comprehensive economic stimulus package may come too late. In a Reuters survey of 75 regularly interviewed experts, skepticism prevails as to whether the People’s Republic can still achieve its growth target of five percent this year. The survey was conducted between Sept. 27 and Oct. 15 – i.e. after the stimulus was announced. Instead, […]
Chinese manufacturers will not surrender the market for autonomous taxis to Elon Musk without a fight. While the Tesla boss presented his Cybercab in the USA a few days ago, the Chinese tech group Baidu is pressing ahead with plans for the international expansion of its Apollo Go robotaxis. The Beijing-based company plans to initially […]
Expectations of the National Development and Reform Commission (NDRC) were perhaps too high. Observers had hoped that the powerful authority would announce further measures to support the economy on Tuesday and continue where the Chinese People’s Bank left off shortly before the October holidays.However, the press conference on the first working day after the holidays […]
When the October holidays end this Tuesday, many eyes will be on the Chinese stock markets. After the roughly one-week trading pause, investors will be asking one question in particular: Will the rally continue? Shortly before the start of Golden Week on October 1, the Chinese stock markets experienced a wave of euphoria.The markets reacted […]
Yields on Chinese government bonds have been at rock bottom for months. Beijing is anything but happy about this, even though low yields mean that new government debt can be raised at lower cost. However, the government fears the current situation could lead to a bubble jeopardizing financial stability.In January 2023, yields on ten-year bonds […]
The mood of European companies in China has reached a new low. This quickly became clear when listening to Jens Eskelund, President of the EU Chamber of Commerce in Beijing, as he presented the Chamber’s new position paper on Wednesday. Once a year, the Chamber addresses the Chinese government with the document in order to […]
Huawei stole the show from Apple with the launch of a new super smartphone, which coincided with the launch of the iPhone 16 in China. The Chinese technology giant unveiled the Mate XT at an event on Tuesday. What makes it so special is that it is the world’s first double-folding smartphone.When folded up, it […]
The European luxury groups’ big bet on the Chinese market is in danger of being lost. Their latest business figures have been consistently disappointing, mainly because things are no longer running smoothly in China. Paris-based industry leader LVMH, which owns brands such as Louis Vuitton, Dior and Bulgari, reported a 14 percent drop in sales […]