Solar project in Romania: Why two Chinese consortia withdraw
The EU funds a solar project in Romania. Two Chinese consortia have now withdrawn from the project. There were suspicions of hidden subsidies from Beijing.
By Michael Radunski
The EU funds a solar project in Romania. Two Chinese consortia have now withdrawn from the project. There were suspicions of hidden subsidies from Beijing.
By Michael Radunski
Europe is also dependent on Chinese EV batteries. A recent study shows that this does not have to be this way. Europe's companies have the technical capabilities to build up their own strong battery production.
By Michael Radunski
The Chinese EV manufacturer BYD plans to build a second assembly plant in Europe. At least that is what BYD Europe head Michael Shu announced. BYD apparently wants to circumvent the EU's planned punitive tariffs on Chinese EV imports.
By Felix Lee
The US government could impose further tariffs on electric cars from the People's Republic as early as next week. Medical goods could also be affected.
By Felix Lee
The overheated real estate market, which accounts for a quarter of China's gross domestic product, has been in crisis for years. Now the highly indebted real estate developer Country Garden has managed to make important interest payments after all – albeit late.
By Felix Lee
After the US denied the Chinese fast fashion retailer Shein a listing in New York, the online retailer is now trying its luck in London.
By Felix Lee
China is no longer Germany's number one trading partner. For the first time in over nine years, the USA has taken the lead in the first quarter. Geopolitical reorientation is having an effect.
By Redaktion Table
Chinese exports to Russia have plummeted for the second consecutive month – last year they had grown by double digits. This suggests that US sanctions are indeed having an impact and that Chinese banks are complying.
By Redaktion Table
Xi has left France and arrived in Serbia. There, he visits China and Russia friend, President Aleksandar Vučić. On the 25th anniversary of the NATO bombs on Beijing's embassy, Xi uses the occasion to make a statement against the West.
By Christiane Kuehl
The sales of Siemens Healthineers in China collapsed in the second quarter. The CEO of the Siemens subsidiary emphasized that measures taken by the authorities to reduce demand were not directed against manufacturers – but against hospital procurement.
By Redaktion Table