The delivery of Boeing aircraft to China has been delayed in recent weeks. As Reuters reported, citing an insider, the reason is an inspection of the batteries for the voice recorder by the Chinese supervisory authorities. It is unclear how long the inspection will last and to what extent it will affect the delivery goals […]
Tariffs of 25 percent on cars with an engine displacement of more than 2.5 liters: China joins the global tariff arms race. Liu Bin’s proposal in an interview with the Communist Party-affiliated newspaper Global Times can be interpreted as a threat. After all, the chief expert at China’s state automotive research institute, the China Automotive […]
High subsidies for the domestic industry, coupled with painful tariffs on Chinese products: The United States is pursuing a tough industrial policy to arm its cleantech companies against competition from the People’s Republic. The special tariff package Joe Biden announced on Tuesday packs a punch. Washington now plugs one remaining loophole for an ultra-modern type […]
The Chinese Ministry of Industry and Information Technology has called on car manufacturers to source a quarter of their chips from local manufacturers by 2025. This reports Nikkei Asia. However, these directives are not binding. Instead, a bonus or credit system is intended to create incentives. China also wants to increasingly domestically source other components […]
“City of Eternal Spring” – there is a reason why Kunming carries this title. The capital of the south-west Chinese province of Yunnan is located on a plateau and the climate is mild all year round.Flower lovers will get their money’s worth, as there is always a splendor of blossoms to marvel at somewhere. However, […]
The sales of German car manufacturers in China have stabilized recently. Is that reason for a sigh of relief? It shows that we accept the competition, that we are at the forefront, and that the Chinese sales market remains very important. Market growth in China is highly dynamic. You should look not only at the percentage […]
ABB – in China, this abbreviation stands for Audi, BMW and Benz. It is an acronym that stands for true institutions. The German premium manufacturers have dominated their segment for years, with Audi and BMW once again boosting their sales in 2023. However, their future in the Chinese market depends on their electric portfolio, which […]
US President Joe Biden’s administration wants to significantly increase the punitive tariffs on steel and aluminum from China, reports the AFP news agency. According to the White House, they currently amount to an average of 7.5 percent. According to the report, however, they could triple. Joe Biden is currently on a campaign tour in the […]