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China (English)

State banks restrict lending to Russia

Although China rejects Western sanctions against Moscow, Chinese state banks continue to restrict their cooperation with Russian clients to avoid becoming the target of new US secondary sanctions themselves.

By Redaktion Table

How can the world's growth engine do better?

In 2024, China will most likely make the largest contribution to global GDP growth, but could still fall short of its potential. The biggest threats are demographic change and a debt deflation trap.

By Redaktion Table

byd

BYD plans billion investment in smart cars

BYD plans to invest billions in smart vehicles and announces the launch of its Denza brand in Europe for late 2024. Yangwang and Cheng Bao are also to be launched on the international market – probably under a different name.

By Redaktion Table

HANGZHOU, CHINA - MARCH 16: Signs of ERNIE Bot and Baidu are seen on screens on March 16, 2023 in Hangzhou, Zhejiang Province of China. ERNIE Bot, a chatbot regarded as Chinese ChatGPT, is officially launched on March 16. PUBLICATIONxINxGERxSUIxAUTxHUNxONLY Copyright: xVCGx VCG111427482285

Baidu denies ties to military research

Search engine provider Baidu has denied a media report that linked its AI chatbot Ernie to Chinese military research. Ernie was reportedly used to simulate a US attack on Libya.

By Carolyn Braun

Taiwan

Nauru severs ties with Taiwan

Another blow for Taiwan's foreign policy: A few days after the presidential election, the Pacific nation of Nauru severed diplomatic ties with the country.

By Michael Radunski

Bern and Beijing want to expand free trade agreement

Li Qiang is the highest-ranking visitor from China to Switzerland in seven years. President Viola Amherd received him with military honors at a country estate near Bern. Li will speak at the World Economic Forum in Davos on Tuesday.

By Amelie Richter