Hong Kong is planning massive cuts in the public sector. The plan is to cut 10,000 jobs by 2027. At the same time, the government is focusing on a major AI initiative.
By Fabian Peltsch
Starbucks is struggling in the People's Republic with a weak economy and tough competition from local brands such as Luckin Coffee. The coffee chain hopes to revitalize its business with a new partner.
By Amelie Richter
The ship had been in the waters southwest of Taiwan since Saturday and had not responded to repeated calls from the coastguard. The incident is similar to a series of incidents in the Baltic Sea.
By Amelie Richter
Chinese orders for H20 semiconductors from US chip giant Nvidia have risen sharply. The reason for this is the booming demand for DeepSeek's AI models.
By Fabian Peltsch
The EU Commission wants to relieve the bureaucratic burden on companies. For example, due diligence obligations in supply chains are to be limited to direct business relationships. However, opposition is forming.
By Amelie Richter
The results of the elections in Germany sparked discussion among politically interested people on China's social media.
By Fabian Peltsch
China announced plans to boost its food production. Demand for eggs, meat and milk in particular is growing.
By Emily Kossak
Vladimir Putin's regime has so far successfully averted the consequences of Western sanctions against Russian energy trade. China and India play a key role in this. This is revealed by data from the Finnish organization Centre for Research on Energy and Clean Air (CREA).
By Amelie Richter
Some of the tech group Meituan's food delivery staff will receive social benefits. Competitor JD advertises on social media with insurance for employees. Courier service companies in China have repeatedly come under criticism due to allegations of exploitative working conditions.
By Ning Wang
Chinese Foreign Minister Wang Yi plans to travel to Moscow soon. His Russian counterpart Lavrov announced the visit following bilateral talks on the sidelines of a G20 ministerial meeting.
By Leonardo Pape
