China’s Aging Population: A Major Challenge
BEIJING — China’s decades-long “One-Child” policy has fundamentally transformed the family structure in the country. Today, the population pyramid is inverted: a single child must support two parents and four grandparents, placing an enormous burden on the younger generation and … Continue reading China’s Aging Population: A Major Challenge
China: BMW Announces $2.8 Billion Investment
BEIJING— At the prestigious 2024 Beijing Motor Show, BMW Group unveiled a momentous development: a $2.8 billion investment in its Shenyang production plant, solidifying its unwavering commitment to the Chinese market and signaling an assertive expansion strategy. This substantial capital … Continue reading China: BMW Announces $2.8 Billion Investment
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
US Congress Approves Ban on TikTok in the U.S.
Washington, D.C. – The US Congress has passed a groundbreaking law aimed at banning the Chinese social media platform TikTok in the United States. This decision marks another step in the increasing tension between the two economic powers and signals … Continue reading US Congress Approves Ban on TikTok in the U.S.
German Chancellor Scholz in China: A trip with few results?
BEIJING – Chancellor Olaf Scholz visited China in the past three days, with his trip concluding today in the capital city of Beijing. The visit was themed “Acting Sustainably Together” and focused on the China strategy of the German government, … Continue reading German Chancellor Scholz in China: A trip with few results?