In its draft election manifesto, the German far-right party AfD has anchored its call for closer relations with China. It states that relations with the People’s Republic must be geared towards Germany’s real political interests: “China is of paramount importance to Germany as a trading partner, both as a competitor and a partner.” The party […]
Due to Russia’s war of aggression against Ukraine, the European Union is sanctioning Chinese companies for the first time. According to a press release from the EU Commission, the 15th sanctions package includes “one individual and two entities facilitating the circumvention of EU sanctions, and four entities supplying sensitive drone components and microelectronic component to […]
The Korean car manufacturer Hyundai and its Chinese partner BAIC Motor are countering a slump in sales in China with an investment worth billions. As BAIC announced on Wednesday, 1.1 billion US dollars are to flow into the joint venture Beijing Hyundai, which produces Hyundai brand vehicles in China. The sum is intended to help […]
The specter is returning: Beijing is considering devaluing its national currency, the renminbi, in the near future. This was reported by the Reuters news agency, which referred to several sources close to the Chinese central bank. Such a measure is reminiscent of the times when the USA accused China of massively manipulating its trade balance […]
The air is getting thinner and thinner for China’s ousted Minister of Agriculture and Party Secretary Tang Renjian. Following his dismissal from office in May and his expulsion from the Communist Party in November, he has now been officially arrested. The highest public prosecutor’s office accuses Tang of taking bribes in the performance of his […]
China’s state broadcasting authority NRTA has taken firm action against the distortion of classic films and TV dramas by artificial intelligence. The authority called on video platforms to ensure that corresponding deepfakes are deleted within a few days. The ByteDance subsidiary Douyin and its competitor Kuaishou Technologies are particularly affected.The NRTA plans to crack down […]
According to security circles, Taiwan has raised its alert level in response to a major exercise by the Chinese Navy. China deployed nearly 90 Navy and Coast Guard ships, two-thirds of them warships, in a wide strip near Taiwanese waters, southern Japanese islands and the East and South China Seas, a Taiwanese security official told […]
In order to catch up, Germany needs clear jurisdictions and must make digitalization a priority. Establishing an upgraded Federal Ministry for Digital Affairs would allow Germany to digitally modernize itself and survive in the new, digital world.To date, digitalization has only been organized decentrally at the ministerial level. If the focus is on cybersecurity, then […]
Chinese companies in the European Union feel the effects of the shifting approach to Beijing’s industrial policy. Where there was often great optimism in the past, uncertainty is spreading – companies are finding it increasingly difficult to predict how their business will develop. The hefty countervailing duties on electric cars from China are the clearest […]
Hydropower projects in Tibet are capable of supplying all of Germany with energy. A new study by the International Campaign for Tibet (ICT) documents 193 projects that are already in operation, under construction or at the planning stage. Once completed, the plants will be able to produce a total output of 270 gigawatts. This corresponds […]