CATL is investing billions in a battery plant in Debrecen and plans to create thousands of new jobs. But now that the first unit has been completed, layoffs have been announced.
By Amelie Richter
The French antitrust authority has slapped the online fashion retailer Shein with a €40 million fine. The accusation: customers were deceived with false discounts and misled by controversial environmental claims.
By Amelie Richter
Just ahead of his 90th birthday, the Dalai Lama announced that his succession would be determined outside of China and according to Tibetan tradition. Beijing disagrees and insists on having a say.
By Fabian Peltsch
Just ahead of the deadline for the suspension of Trump’s Liberation Day tariffs, China’s leadership is pushing for constructive relations with Japan and South Korea. The East Asian neighbors, in turn, are keeping their options open – especially through regional trade agreements.
By Leonardo Pape
Chinese AI frontrunner DeepSeek, after its meteoric rise in January, is now struggling to make the next technological leap. One key reason: US export controls are taking their toll. Developers are grappling with hardware shortages and a lack of viable alternatives.
By Jörn Petring
Under the weight of geopolitical crises, an escalating US tariff policy and growing doubts about the stability of the dollar-based system, the very foundations of global trade are beginning to falter. For Europe and Asia in particular – whose prosperity depends on open markets and rules-based cooperation – a new wave of economic uncertainty is drawing dangerously close.
By Shang-Jin Wei
Fiji’s Prime Minister Sitiveni Rabuka has spoken out clearly against the establishment of a Chinese military base in the Pacific region. Despite infrastructure cooperation with China, he emphasized that relations with Australia, New Zealand and the United States must not be compromised.
By Julia Fiedler
During Foreign Minister Wang Yi's visit to Brussels, China focuses on the upcoming EU-China summit and criticizes the US. Meanwhile, the EU presses for answers on China's role in the Ukraine war. Wang Yi is expected in Berlin on Thursday.
By Amelie Richter
EV manufacturer Xiaomi can barely keep up with the production of its cars. More robots are now set to help.
By Emily Kossak
