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
China's accession to the World Trade Organization (WTO) in 2001 was met with high hopes in the Western world. The integration of the emerging country into the multilateral organization was supposed to promote not only global prosperity, but also free entrepreneurial activity in China. These hopes were largely disappointed. Although prosperity has increased, China is still not a free market economy.
By Felix Lee
Through VIE companies, Chinese firms can trade their shares on foreign stock exchanges. The authorities now plan to crack down on this. They are concerned that domestic tech companies working with sensitive data could become too international.
By Ning Wang
Feng Xingliang knows the reasons why Germany continues to be attractive for Chinese companies. The honeymoon for acquisition bids may be long over, but the 57-year-old, former European head of Chinese construction machinery manufacturer Sany in Germany, speaks with Frank Sieren about the fact that knowledge transfer does not stem from acquisitions and what other mistakes Chinese companies should beware of.
By Frank Sieren
The USA is hosting a "democracy summit" this week. Naturally, China is not invited. Beijing is outraged and brands the United States' behavior as hegemonic striving, just like during the Cold War. But more importantly, on Saturday the Chinese leadership presented a white paper on its own democracy. The People's Republic wants to challenge the West's interpretation of the term.
By Michael Radunski
China is fuming over the cancellation of all women's tennis tournaments in the country. Above all, the Global Times berates the WTA. This shows above all: The suspension has had an effect, the case of Peng Shuai can no longer be cheated out of the world. Meanwhile, the debate about a diplomatic boycott of the Olympics is growing louder. The IOC is maneuvering.
By Christiane Kuehl
The "metaverse" is also the tech buzzword of the hour in China. With gaming giants like Tencent and high 5G coverage, the People's Republic is ideally equipped for the creation of a virtual parallel world. However, the government remains skeptical and is focusing on decoupling in the metaverse as well.
By Fabian Peltsch
Difficult access and a lack of transparency hinder the participation of European companies in standardization processes in China, a survey shows. However, it is also clear that companies lack expertise. The EU Chamber of Commerce calls for investment in standardization knowledge.
By Amelie Richter
