CHINA

Lufthansa ending Frankfurt-Beijing flight route

FRANKFURT – The German airline Lufthansa is facing a significant decision regarding its daily connection from Frankfurt am Main to Beijing. Given the declining demand and rising operating costs, the company is considering discontinuing this route. The challenges for European … Continue reading Lufthansa ending Frankfurt-Beijing flight route

Shenzhen Sets Sights on Global Trade Integration

SHENZHEN – In a bold move to fortify its position as a global trade hub, Shenzhen has unveiled an ambitious work plan designed to harmonize domestic and foreign trade practices. This strategic initiative aims to streamline regulations, foster innovation in … Continue reading Shenzhen Sets Sights on Global Trade Integration

China’s Youth Unemployment: A growing Challenge

BEIJING – As the world’s second-largest economy, China is facing a significant challenge in its post-pandemic recovery phase. The nation’s youth unemployment rate has soared to an alarming 18.8% in August, marking the highest level recorded this year. This increase … Continue reading China’s Youth Unemployment: A growing Challenge

Volkswagen’s Electrifying Leap in China: A 2024 Overview

SHANGHAI – In the ever-evolving automotive landscape of China, Volkswagen Group China has made significant strides, delivering a robust performance with 3.236 million vehicles reaching customers in the mainland and Hong Kong in 2023, marking a 1.6 percent increase. This … Continue reading Volkswagen’s Electrifying Leap in China: A 2024 Overview

Temu’s Strategic Expansion into Europe: A Game-Changer

DUBLIN  –  In a bold move that is set to redefine the e-commerce landscape, Temu has announced its expansion into the European market, targeting retailers in Germany, France, Italy, Spain, Great Britain, and the Netherlands. This strategic decision comes with … Continue reading Temu’s Strategic Expansion into Europe: A Game-Changer