After a bitter inheritance dispute over the legacy of one of the richest Chinese, Zong Fuli, the daughter who was long considered the sole heir, has unexpectedly resigned. The case casts a gloomy picture of China’s business elite and shows what lies behind the image of patriotic entrepreneurs.
By Ning Wang
China is willing to expand its relations with North Korea in order to strengthen strategic cooperation in international and regional affairs. China’s head of state and party leader Xi Jinping wrote this in a letter to Kim Jong Un.
By Ning Wang
Africa will once again play a central role at the second Global Gateway Forum in Brussels, which runs until Friday. Every second euro to be spent as part of the initiative will go to the continent.
By Arne Schütte
Shortly before the end of the US tariff truce, China is tightening its control over strategic materials: In future, artificial diamonds, lithium batteries and graphite anodes may only be exported with an export license.
By Julia Fiedler
Chinese vacationers spent less on average during this year’s eight-day “Golden Week” than they have in three years. However, the number of long-distance trips increased.
By Julia Fiedler
The sports car manufacturer continues to struggle with declining sales. From January to September, deliveries fell by six percent. Business in China in particular slumped.
By Fabian Peltsch
China wants to curb “unfair” price competition. In sectors where this is a particularly big problem, average production costs could be assessed and guidelines for “reasonable pricing” could be set.
By Julia Fiedler
The Chinese Chamber of Commerce in the EU is criticizing the EU rules on restricting steel imports. The EU Commission wants to allow a maximum of 18.3 million tons of duty-free steel imports into the European Union in future.
By Leonardo Pape
Beijing threatens the UK with retaliation if Chinese institutions fall under the new law against foreign influence. London’s cautious approach towards China is increasingly attracting criticism.
By Amelie Richter
The EU Commission is hosting the Global Gateway Forum in Brussels from Thursday to strengthen its global infrastructure strategy. Despite a packed program with international guests, participation from the EU member states remains low.
By Amelie Richter
