Huawei store sells cars + Philippine turnaround
Instead of mobile phones, it is now possible to buy EVs in Chinese Huawei stores, as our authors observed. The mobile phone business suffers from American sanctions, while the electronics group wants to make a name for itself as a vehicle supplier. The cars may not be Huawei-branded products, but all the digital technology in them is created by the company's engineers. And for young Chinese customers, in particular, a car is the driving and connected extension of a mobile phone. Here, Huawei demonstrates how a company can react flexibly to external shocks.
How to deal with today's China? This question runs through China.Table's political reporting. This time we look at the Philippines, which has its own concerns with the neighboring country. After all, the People's Republic claims vast maritime areas just off the Philippines coast. President Rodrigo Duterte is thus doing a turnaround once again. After he first drew closer to China in order to annoy the USA, he is now doing it the other way around. This is somewhat reminiscent of the Eastern and Southern European states, some of which have now ended their flirtations with China in disillusionment.
Yesterday, in a 290-meter skyscraper in Shenzhen in the middle of the bustling electronics district of Huaqiangbei, people panicked. The building started to shake for unknown reasons and had to be evacuated. Since nothing more is known so far, we only have a short report on the topic for today. Hopefully, everything will remain stable over there.