China is accelerating the expansion of its grid infrastructure for the energy transition. Grid operator State Grid is building an integrated system in Shaanxi and Anhui consisting of a pumped storage power plant and an ultra-high-voltage line.
By Christiane Kuehl
At the China Development Forum, government representatives invited the heads of major international companies. Meanwhile, Beijing had to report further declines in direct investment for the first two months of 2024.
By Redaktion Table
China responds to the concerns of international companies and simplifies its strict cross-border data transfer rules. Some fields are now exempt from strict security checks when transferring personal data.
By Redaktion Table
The Chinese central bank has signaled its willingness to continue supporting the domestic economy. It considers further lowering the minimum reserve rate.
By Carolyn Braun
This week, the first financial dialogue between China and the EU was held in Beijing. Topics included cross-border data transfer, a financial monitoring framework and sustainable financial transactions.
By Amelie Richter
According to a Bloomberg report, China and Russia have reached an agreement with the Houthi rebels in Yemen on shipping in the Red Sea. This means that ships from both countries no longer have to fear attacks.
By Redaktion Table
According to the Kremlin, some Chinese banks have given in to pressure from the US and EU and are no longer processing payments from Russia. The reason for this is that the United States is threatening financial institutions in third countries with secondary sanctions.
By Redaktion Table
Two men from Ningbo are accused of stealing trade secrets from the electric car manufacturer Tesla and selling them to undercover investigators. They were arrested on Tuesday.
By Fabian Peltsch
During a visit to Canberra, China's Foreign Minister Wang Yi emphasized that relations with Australia were on the path to improvement.
By Fabian Peltsch
Beijing wants to use disinformation to influence elections and opinions in other countries in its favor. Taiwan is now planning to set up a global network in which false information can be exchanged at an early stage.
By Marcel Grzanna
