AI powerhouse Sensetime is first hit by sanctions and is now postponing its IPO indefinitely. The Chinese AI star company has lost its innocence as a tech pioneer by supplying surveillance equipment.
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NIO is seen as a great promise of the future of Chinese mobility. But the brand has even bigger plans: It sees itself as a global player and is venturing into Europe. Hui Zhang, Vice President of NIO Europe, explains in an interview with Christian Domke Seidel how this can be achieved.
By Redaktion Table
China has increased its gas imports more than anticipated. Despite sky-high prices, the country has to keep buying. Winter is approaching, and gas and coal are in short supply. Well over half of gas imports are now liquid gas – which China purchases mainly from geopolitical rivals.
By Christiane Kuehl
In the unprecedented trade dispute between EU member Lithuania and China, Beijing is now trying to put pressure on companies from other EU states. The EU wants to mediate, but according to media reports, an attempt at talks with the Chinese customs authority has been turned down. Will a WTO complaint now be filed?
By Amelie Richter
In Germany, filing for bankruptcy would be unavoidable by now at the latest: Around the globe, Evergrande's creditors are waiting in vain for their money. Behind the scenes, the government is preparing to restructure the group.
By Redaktion Table
This week, Brussels was supposed to present its approach to an EU supply chain law - but the presentation of the Commission's proposal was postponed. Meanwhile, the German supply chain law has been passed and will come into force in just over a year. How are companies in China preparing for implementation? There are still a lot of unanswered questions, including how human rights violations will be detected in the first place, says Jens Hildebrandt. The interview was conducted by Amelie Richter.
By Amelie Richter
To achieve the pledged contribution to the climate target, China's industries would have to rapidly reduce their emissions of greenhouse gases. However, the Five-Year Climate Plan for the sector that has now been presented does not utilize its full capacity. Are the planners already preparing to overachieve in the socialist tradition?
By Nico Beckert
Staff changes at VW: Ralf Brandstaetter, the former head of the core VW brand, becomes the group's new China board member. He is supposed to secure the company's market leadership in China. It is said to relieve Herbert Diess, the Group's battered CEO, of some of his workload. But he will also lose influence. And Audi China is getting a new president in the process.
By Redaktion Table
David versus Goliath: The dispute between Beijing and Lithuania has reached a new level. For several days, Chinese customs blocked goods from the Baltic EU state. Shortly before the presentation of the EU's instrument against economic coercion, China is thus providing a prime example of a possible application of the new EU instrument. Details of this defense mechanism have yet to be worked out. Experts warn that member states could dilute it.
By Amelie Richter
The US has announced a diplomatic boycott of the Winter Olympics in Beijing. As expected, China's reaction is furious. But Washington expects the new German government to take a stand as well. That could prove difficult.
By Felix Lee
