China: Lufthansa capitulates to global competition
FRANKFURT—The German airline Lufthansa has officially confirmed that it will temporarily suspend its daily flight service from Frankfurt to Beijing due to intense competition and economic considerations. This decision, which comes into effect with the winter flight schedule on October … Continue reading China: Lufthansa capitulates to global competition
Tariff dispute escalates: China and EU in conflict
BEIJING/BRUSSELS – Amidst growing tensions between the European Union and China over the imposition of tariffs on Chinese electric cars, Beijing has now responded with a countermeasure. Starting from October 11, importers of brandy from the EU must deposit “security … Continue reading Tariff dispute escalates: China and EU in conflict
Electromobility in China: a model for sustainability?
BEIJING – A remarkable transformation is underway in the bustling metropolises of China, such as Beijing. Once a rarity, electric cars are now on the fast track to dominate the automotive market. Showrooms for electric vehicles, operated by innovative brands … Continue reading Electromobility in China: a model for sustainability?
BMW Group builds five high-voltage battery factories
MUNICH – BMW’s “Neue Klasse” (New Class) will usher in a new era of fully electric driving at the BMW Group – the success of which will depend heavily on the production of powerful, high-voltage batteries. That’s why the BMW … Continue reading BMW Group builds five high-voltage battery factories
China: European Chamber for balanced dialogue
BEIJING – At the 8th Global Think Tank Summit, organized by the China Centre for International Economic Exchange in Beijing, European Chamber Secretary General Adam Dunnett commented on the changing picture of global supply chains, from efficiency to resilience: “European … Continue reading China: European Chamber for balanced dialogue
Astana: SCO summit for security and economic growth
ASTANA – The high-profile two-day summit of the Shanghai Cooperation Organization (SCO) began yesterday in Kazakhstan’s capital, Astana, bringing together nearly a dozen heads of state and government from the member countries. This year, the summit is focused on strengthening … Continue reading Astana: SCO summit for security and economic growth
EU CHAMBER IN CHINA: CALL FOR BUSINESS CONFIDENCE
BEIJING – The European Union Chamber of Commerce in China, in partnership with Roland Berger, released its European Business in China Business Confidence Survey 2024 (BCS). The annual survey shows that despite the re-opening of China’s borders in early 2023, business confidence in … Continue reading EU CHAMBER IN CHINA: CALL FOR BUSINESS CONFIDENCE
AUTO CHINA 2024: China Showcasing its latest EV-models
BEIJING – The 2024 Beijing International Automotive Exhibition, commonly known as Auto China 2024, has become a global stage for innovation, where Chinese automakers are redefining the very concept of automobiles. These companies, once relatively unknown in the Western world, … Continue reading AUTO CHINA 2024: China Showcasing its latest EV-models
China: Hygiene on food markets to be improved
SHANGHAI – Low standards of hygiene in China’s wholesale food markets and vulnerabilities in its food supply chain need to be urgently addressed after a new coronavirus outbreak in Beijing, a leading body of the ruling Communist Party said. The … Continue reading China: Hygiene on food markets to be improved
Corona: European Business community concerned
Beijing – Since 11th June, Beijing faced a fresh outbreak of COVID-19, with over 100 confirmed cases reported so far. The outbreak response has so far been centred on the Xinfadi wholesale market in Southwest Beijing’s Fengtai District. The authorities have … Continue reading Corona: European Business community concerned