Hong Kong’s largest opposition trade union announced plans on Sunday to dissolve. The organization has filed a motion to dissolve, which will be voted on by affiliates on October 3rd. “We want to apologize to the people of Hong Kong that we cannot continue,” Joe Wong, co-chairman of the Hong Kong Confederation of Trade Unions, […]
China’s bid to become a member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) trade pact has been met with skepticism from some existing members. “We need to study whether [China] is willing to meet the high standards” required by the trade pact, Japan’s Minister of Economy, Trade and Industry Hiroshi Kajiyama said, […]
China has filed the most patents for 6G technologies in recent years. This is according to a study by the Japanese newspaper Nikkei and the Japanese research company Cyber Creative Institute. The two partners evaluated nearly 20,000 patent applications in nine 6G technology areas. According to the study, companies and research institutes from China filed […]
Stumbling property developer Evergrande began compensating investors with discounted real estate on Saturday, Bloomberg reports. The company announced via WeChat that investors interested in redeeming asset management products for tangibles should contact their investment advisers or local Evergrande offices, according to Reuters. According to reports, more than 70,000 investors, including many Evergrande employees, had bought […]
China is one of the largest export markets for German SMEs. This makes the concern about the rise of competition from the Far East all the greater. “We still give our technology a foster parent treatment,” says the managing director of SME Groups Germany, Ludwig Veltmann, in an interview with China.Table. Marcel Grzanna spoke with […]
Congo’s South Kivu province has revoked operating licenses of six Chinese companies for illegal mining and environmental destruction. Chinese authorities promptly responded by ordering the companies to leave the country. China even announced harsh consequences for those responsible, according to South China Morning Post (SCMP). “We will never allow Chinese companies in Africa to violate […]
Geely plans to list the Volvo brand on the Stockholm stock exchange in the coming weeks, Reuters has learned from three unnamed sources. According to the sources, Geely Holding is in “advanced negotiations” with financial institutes to conduct the IPO. A valuation of just under 17 billion euros is being targeted. NordLB automotive analyst Frank […]
The UN High Commissioner for Human Rights, Michelle Bachelet, has denounced the lack of access to Xinjiang province. “I regret that I am not able to report progress on my efforts to seek meaningful access to the Xinjiang Uyghur Autonomous Region.,” Bachelet said during the opening of the UN Human Rights Council sessions on Monday, […]
The Chinese real estate group Evergrande is facing increasing protests. On Monday, about 100 investors stormed the struggling group’s headquarters, demanding repayment of their investments in overdue securities. In Guangzhou, angry homebuyers surrounded a local housing office, calling on Evergrande to resume construction of the homes. More protests against the real estate developer in other […]
Beijing’s regulatory frenzy is hitting more and more sectors and areas of life. At first, it looked as if Beijing was merely expanding its control over the economy. But now regulators are also exerting more and more control over the lives of citizens. The CCP is now even restricting private tutoring and online gaming. Ning […]