Hainan Free Trade Port built for global influence
HAINAN – In June 2020, China released a master plan to build the whole of Hainan Island into a globally influential and high-level free trade port by the middle of the century. Official data showed the rapid development of the … Continue reading Hainan Free Trade Port built for global influence
Guangdong carbon market closes higher
GUANGZHOU – Carbon emissions allowances closed at 84.52 yuan (11.89 U.S. dollars) per tonne on Wednesday, 0.37 percent up from Tuesday, at Guangzhou Emissions Exchange, the largest local carbon market in China. The allowances, officially known as Guangdong Emissions Allowances … Continue reading Guangdong carbon market closes higher
ITB China 2023 returning to Shanghai in September
SHANGHAI – ITB China, the leading B2B exclusive travel trade show focusing on the Chinese travel market, is making a comeback as a live event from 12 – 14 September 2023. The online media registration is now open and press … Continue reading ITB China 2023 returning to Shanghai in September
EU must prepare for risk of ‘de-coupling’ from China
STOCKHOLM – The European Union needs to be prepared for the fallout from a potential deterioration in relations with China, such as might happen if conflict were to erupt over Taiwan, Lithuania’s Foreign Minister Gabrielius Landsbergis said on Friday. Landsbergis … Continue reading EU must prepare for risk of ‘de-coupling’ from China
China’s rising influence in Southeast Asia
WASHINGTON – China has been expanding its economic, political and military presence in Southeast Asia, a region of vital strategic importance for global trade and security. How have the countries of Southeast Asia responded to China’s growing influence? What are … Continue reading China’s rising influence in Southeast Asia
APPLE RETHINKING RELIANCE ON CHINESE MARKET
CUPERTINO – Challenged by increasing labor costs, environmental concerns, as well as geopolitical risks, global giants like Apple have been actively diversifying their supply chains to reduce their dependence on China. Apple is known for its complex and efficient supply … Continue reading APPLE RETHINKING RELIANCE ON CHINESE MARKET
Zhejiang: A Jewel of Cultural and Natural Beauty
Zhejiang Province/China – Zhejiang Province, located in the eastern part of China, is a land of breathtaking natural scenery, rich cultural heritage, and vibrant economic development. As one of the most developed and prosperous provinces in China, Zhejiang has been … Continue reading Zhejiang: A Jewel of Cultural and Natural Beauty
Novel battery from China could change everything
FRANKFURT/NINGDE – In July 2021, Contemporary Amperex Technology (CATL) founder and CEO Robin Zeng announced a new type of battery storage that could potentially be game-changing for electric cars. In contrast to the scarce and expensive raw material lithium, the … Continue reading Novel battery from China could change everything
ALIBABA TO BE SPLIT INTO SIX BUSINESS GROUPS
BEIJING – Alibaba Group, one of the largest and most influential tech companies in China, announced today, that it will split into six business groups, each with its own CEO and board of directors. This is the most significant reorganization … Continue reading ALIBABA TO BE SPLIT INTO SIX BUSINESS GROUPS
China to fully reopen borders to foreigners
BEIJING, – China will reopen its borders to foreign tourists for the first time in the three years since the COVID-19 pandemic erupted by allowing all categories of visas to be issued from Wednesday. The removal of this last cross-border … Continue reading China to fully reopen borders to foreigners