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
EU plans punitive tariffs on Chinese EV cars
BRUSSELS/BERLIN – The European Commission has received the green light to impose high tariffs on electric vehicles produced in China. This measure, which has not yet been finalized, aims to protect European manufacturers from what is seen as China’s distortive … Continue reading EU plans punitive tariffs on Chinese EV cars
Global Markets in Turmoil: Effects on Asian economy
TOKYO/WASHINGTON – The global financial landscape has been rocked by a series of unexpected events that have sent shockwaves through stock markets around the world. The United States, long considered a bastion of economic stability, is now grappling with the … Continue reading Global Markets in Turmoil: Effects on Asian economy
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
Tourism industry vital to EU economy
BRUSSELS – In the EU, summer is often when the tourism season reaches its peak. In 2022, for example, one in four tourism-related trips made by EU residents happened in July or August. The tourism industry makes a significant contribution … Continue reading Tourism industry vital to EU economy
“Flightright” reveals ranking of the worst European airlines
BERLIN – The consumer portal Flightright has conducted a comprehensive analysis of the quality of European airlines and has now published the results. Over a million passenger data points were evaluated and categorized into reliability, payment behavior for compensation, and … Continue reading “Flightright” reveals ranking of the worst European airlines
200 ASEAN students study annually at EU universities
BRUSSELS- In the dynamic landscape of global education, the EU-ASEAN academic cooperation stands as a testament to the enduring commitment to international learning and cultural exchange. Since its inception in 1987, the Erasmus program has undergone a significant transformation, culminating … Continue reading 200 ASEAN students study annually at EU universities
Habeck initiates negotiations on EU punitive tariffs
BEIJING – During his current visit to China, German Minister of Economic Affairs Robert Habeck has initiated discussions with EU Trade Commissioner Valdis Dombrovskis about the commencement of negotiations on the punitive tariffs on Chinese electric cars considered by the … Continue reading Habeck initiates negotiations on EU punitive tariffs
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
President Xi Jinping Visits Hungary: Trade Agreements
BUDAPEST – Chinese President Xi Jinping concluded his five-day European tour with a visit to Hungary on Thursday. Prime Minister Viktor Orbán welcomed him with great pomp, and it is expected that this visit will further strengthen bilateral relations between … Continue reading President Xi Jinping Visits Hungary: Trade Agreements