Trump and Xi Reignite Trade Talks
WASHINGTON/BEIJING – In a significant development amid escalating trade tensions, U.S. President Donald Trump and Chinese President Xi Jinping engaged in a 90-minute phone call on Thursday, June 5. This marked their first direct conversation since Trump’s return to office … Continue reading Trump and Xi Reignite Trade Talks
Trump Softens Stance as Trade War Pressures Mount
WASHINGTON/BEIJING — Under growing domestic and international pressure, the Trump administration appears to be shifting its stance in the ongoing trade war with China. Despite previous insistence that Beijing must make the first move, new reports indicate that Washington has … Continue reading Trump Softens Stance as Trade War Pressures Mount
BYD CEO Declares New Era in Electric Vehicles
BEIJING – In a bold announcement that’s reverberating throughout the global automotive sector, BYD Chairman and CEO Wang Chuanfu proclaimed that BYD’s latest achievements in New Energy Vehicles (NEVs) are not merely keeping pace with the electric vehicle (EV) revolution—they … Continue reading BYD CEO Declares New Era in Electric Vehicles
Thai PM in Beijing: Focus on Economic Cooperation
BEIJING/BANGKOK – Thailand’s Prime Minister Paetongtarn Shinawatra made her first official visit to China on February 5–6, meeting Chinese President Xi Jinping in Beijing at a crucial time for bilateral relations. Her visit came as Thailand ramps up efforts to strengthen … Continue reading Thai PM in Beijing: Focus on Economic Cooperation
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