The British-Swedish company confirmed the arrest. Leon Wang is said to be involved in what a Chinese publication called one of the biggest insurance fraud scandals in Chinese history.
By Manuel Changming Liu
Eight trade agreements between the neighboring countries are intended to significantly improve economic relations. China is thus expanding investments in Central Asian states that want to diversify their foreign relations and reduce their dependence on Moscow.
By Manuel Changming Liu
Brussels' Global Gateway infrastructure initiative is not getting off the ground. For the EU Commissioner for International Partnerships, one thing is clear: There is a lack of private investments. He criticized China's BRI directly. However, the Czech remained vague on other sticking points.
By Amelie Richter
Shortly before the UN Climate Change Conference in Baku, the EU publishes figures on climate financing for developing countries. This time, the member states have exceeded the previous year's total.
By Redaktion Table
After lengthy negotiations, the EU finance ministers agreed on a reform to introduce a uniform VAT number across Europe and a standard for cross-border electronic invoices. However, implementation has been delayed.
By Marc Winkelmann
Micropollutants enter the water through medicines or make-up. In the EU, manufacturers will have to bear a significant proportion of the treatment costs in the future. Pharmaceutical associations warn of more drug shortages.
By Lukas Knigge
China continues to assert its claims in the South China Sea more and more uncompromisingly. In response, the Philippines is massively reinforcing its Coast Guard with French assistance.
By Marcel Grzanna
On behalf of the BASIC group of countries, China is calling for talks on trade-related climate policy measures to be held at the UN climate summit COP29 next week. The countries feel disadvantaged by the measures.
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