The financial data for July 2024 fell short of expectations. At 770.8 billion yuan, government spending on so-called social financing was below the forecast of one trillion yuan. No improvement is expected by the end of the year.
By Experts Table.Briefings
China's special envoy to Ukraine, Li Hui, criticizes the West for supplying weapons to the attacked country. He praises the Global South as a peacemaker – and calls for more support for China's own twelve-point plan.
By Redaktion Table
China's state-owned car companies are not selling enough New Energy Vehicles (NEV). The Communist Party changed the rules to increase the willingness to invest. This has dramatic consequences for the market, which is already characterized by overcapacity.
By Christian Domke Seidel
Canada's 100 percent tariffs on Chinese EVs are part of a global trend to fend off imports. The goal is to force Chinese manufacturers to produce locally, such as in the EU. The strategy already looks successful.
By
Belgian pharmaceutical group UCB is selling two divisions of its China business to international investors. Neurology and Allergy are being sold for 680 million US dollars.
By Marcel Grzanna
Jake Sullivan is the first US White House security adviser to travel to China in eight years. Relations are strained. The leadership in Beijing accuses the USA of repression.
By Felix Lee
Following the nationwide scandal involving contaminated tanker trucks transporting cooking oil, the authorities have fined seven companies.
By Fabian Peltsch
Starbucks' sales in China are on the decline. Can the new CEO Brian Niccol stop the trend? He certainly has no explicit China experience.
By Redaktion Table
