China’s services activity expanded at a slightly faster pace in May, with new orders growing more quickly than in April, though new export orders declined due to uncertainty stemming from US tariffs. According to the private Caixin/S&P Global survey, the Purchasing Managers’ Index (PMI) for China’s services sector rose to 51.1 in May from 50.7, […]
According to a report, Chinese airlines are considering placing an order as soon as next month for up to 300 narrow-body and wide-body aircraft from Airbus. The potential deal would coincide with a visit by European heads of state and government to Beijing. One source told Bloomberg that the number of planes ordered could rise […]
The production stoppage at several automotive suppliers in the European Union painfully demonstrates the extent of dependence on China in key industrial sectors. The realization: If Beijing decides to suspend deliveries of rare earths, critical minerals or chemicals, entire industrial sectors come under threat. Another key realization: Europe cannot avoid the conflict between Beijing and […]
In China, 15.8 percent of tests conducted in selected public hospitals during the week ending May 4 were positive, up from 6.3 percent at the end of March, according to the Chinese Center for Disease Control and Prevention (CDC). Nearly 170,000 cases were reported in April, with 340 severe cases and nine deaths.CDC researcher An […]
Lan Tianli, chairman of the government of the Guangxi Zhuang Autonomous Region, has resigned from his post due to “suspected serious violations of discipline and law,” according to reports by state media on Thursday citing an official announcement.The Central Commission for Discipline Inspection (CCDI) had launched an investigation into Lan earlier this month. He is […]
Fast-fashion giant Shein is once again altering its IPO strategy. Instead of listing in London, the company now plans to go public in Hong Kong later this year, according to a report by Reuters citing three insiders. A draft prospectus is expected to be submitted to the Hong Kong stock exchange in the coming weeks, […]
In 2025, China is supposed to be one of the world’s leading and most competitive economies and less dependent on foreign technology – this was the aim of the “Made in China 2025” industrial policy strategy introduced in 2015.A new study in the “China-Spektrum” series has now examined the debates within China in connection with […]
The BEV sales of Chinese car manufacturer BYD overtook US electric carmaker Tesla for the first time in the European car market in April. This is revealed by the latest figures from the analysis firm Jato. With 7,231 newly registered electric cars, BYD ranked tenth and increased by 169 percent compared to the previous year. […]
Daria Impiombato joined MERICS in Berlin in May as Senior Analyst. In her new role, she researches elite politics and party-state structures, domestic security, societal resilience and human rights in China, as well as the PRC’s communication strategies and global information and influence operations. Previously, she worked for five years as an analyst at the […]