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
Xi Jinping: Navigating Trade Tensions and Geopolitics
PARIS — Chinese President Xi Jinping has embarked on a significant three-country tour of Europe, marking his first state visit to the continent in five years. Against the backdrop of strained China-EU relations due to trade disputes and Russia’s war … Continue reading Xi Jinping: Navigating Trade Tensions and Geopolitics
TAT and UnionPay International Sign Letter of Intent
BANGKOK – The Tourism Authority of Thailand (TAT) and UnionPay International (UPI), a global leading card scheme, have signed a Letter of Intent (LOI) to enhance cooperation in the promotion of Thailand’s quality tourism experiences for Chinese visitors and UnionPay … Continue reading TAT and UnionPay International Sign Letter of Intent
China attacks Philippine coast guard ship
MANILA – Tensions between China and the Philippines have escalated once again following an incident in the South China Sea. On April 30, two Chinese coast guard ships fired water cannons at a Philippine coast guard vessel, the BRP Bagacay. … Continue reading China attacks Philippine coast guard ship
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.
Smartphone Sales: Samsung leading again
BRUSSELS – The past year has been an exciting chapter for the smartphone industry. The sales figures of major manufacturers reflect both gains and losses. Here are the key developments: Apple: A Decline After a Strong Year In 2023, Apple … Continue reading Smartphone Sales: Samsung leading again