For over a year, there was silence between the presidents of the two most powerful countries in the world. Last November, Joe Biden and Xi Jinping met and agreed to speak regularly on the phone. They are now honoring that agreement.
By Felix Lee
The Hong Kong Stock Exchange has suspended trading in the shares of the highly indebted Chinese real estate group Country Garden following a breach of regulations. Meanwhile, the housing market in the People's Republic shows no sign of recovery.
By Christiane Kuehl
India and China have been at odds over a border region in the Himalayas for decades. Beijing has been trying to create facts for months and has once again renamed several locations in the Indian state of Arunachal Pradesh. New Delhi is furious.
By Felix Lee
A study conducted by the German Start-up Association, among others, gives Europe a poor report card for the use of generative artificial intelligence. The respondents see the USA as clearly ahead in this area.
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Miroslav Lajčák, the EU Special Envoy for Dialogue between Serbia and Kosovo, is leaving his post and will represent the EU in Switzerland from the fall.
By Stephan Israel
Following the example of Federal Agriculture Minister Cem Özdemir, the Federal Environment Ministry is also backing calls for the EU law on deforestation-free supply chains to be postponed. Both ministries would only agree to the law coming into force on time on one condition.
By Julia Dahm
Ahead of the EU-US TTC ministerial meeting, the VDMA is calling for an agreement on the mutual recognition of conformity assessment bodies in order to promote trade in capital goods.
By Corinna Visser
Binding reusable targets for beverage and food packaging are to be implemented via the EU Packaging Regulation. The Federation of German Food and Drink Industries (BVE) criticizes the increasing bureaucracy for companies.
By Kai Moll
With the Schengen accession of Romania and Bulgaria, checks on persons at internal air and sea borders will be abolished, but controls at national borders will remain in place for the time being.
By Redaktion Table
For the oil and gas industry, CCS becomes a potential business area. Especially in Southeast Asia, companies are scouting for suitable storage sites for greenhouse gases. According to the IEA, significant CCS potentials are needed to achieve climate goals.
By Bernhard Pötter
