The largest overhaul in the company's history was meant to give Chinese tech giant Alibaba a fresh start. However, the comprehensive realignment is now being completely reconsidered, causing dismay among investors.
By Jörn Petring
According to information from his shadow foreign minister, Argentina's next president, Javier Milei, plans to cancel his country's BRICS membership. Instead, he campaigned for Argentina's dollarization.
By Christiane Kuehl
For Taiwan, she is the de facto ambassador to the US. For China, she is an "independence fanatic." Hsiao Bi-khim could soon become Taiwan's vice president.
By Michael Radunski
The Franco-Italian car manufacturer Stellantis will receive batteries from the Chinese group CATL. The two companies have signed a Memorandum of Understanding. The aim is long-term cooperation.
By Redaktion Table
Chinese authorities have arrested Douyu founder Chen Shaojie on unspecified charges. Chen disappeared in mid-November and the reasons for his disappearance have so far only been the subject of speculation.
By Redaktion Table
This Wednesday, the EU parliament and member states will continue to negotiate the Due Diligence Act at the political level. Difficult issues such as including the financial sector and the obligation to draw up climate transition plans are unlikely to be resolved.
By Redaktion Table
While manufacturing and exports continue to stagnate, China’s October macroeconomic data showed increased growth in consumption that beat analysts’ expectations. The growth is likely supported by a rebound in travel expenditure during the National Day holiday. Whether it is sustainable remains to be seen in the future.
By Experts Table.Briefings
Three-quarters of the foreign money that flowed into the Chinese stock market in the first seven months of 2023 has disappeared again. Investors have sold off shares worth over 25 billion US dollars.
By Redaktion Table
A manufacturer of AI robots is to be sold to a company with connections to China. This is reminiscent of the acquisition of the German robotics company Kuka and could therefore fall under foreign trade law. It remains unclear whether public order is at risk.
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