The German Foreign Office summoned the Chinese ambassador in Berlin regarding a cyberattack against a federal agency. This is the first time since 1989. Interior Minister Faeser called it a "severe cyber attack".
By Felix Lee
According to a study by Agora Verkehrswende and BCG, tariffs on Chinese imports will put the German government's EV goals "far out of reach". The study projects a shortfall of six million vehicles by 2030.
By Felix Lee
Siemens' medical technology subsidiary, Siemens Healthineers, is still facing challenges with its business in China. However, the CEO of Siemens Healthineers reassures investors that the next fiscal year will bring improvement.
By Felix Lee
Contrary to what many Western policymakers and commentators once hoped, recent analyses have added to the evidence that trade does not always foster democracy or liberalize regimes. Instead, China’s greater integration with the developing world appears to be doing precisely the opposite.
By Redaktion Table
E-commerce giant Alibaba is expanding its B2B platform further, with new AI technology aimed at helping small and medium-sized enterprises.
By Amelie Richter
In the newly elected EU Parliament, committees are being formed. The powerful Trade Committee, in particular, comprises members who view China's actions very critically.
By Amelie Richter
A group of European photovoltaic companies is working with Chinese partners to establish a new solar supply chain in Europe, involving a transfer of technology from China to the EU.
By Christiane Kuehl
Car buyers in China who scrap an old car are now eligible for a higher cash subsidy when buying a new model. However, the measure only applies to smaller models. The government wants to boost the economy in this way after the Third Plenum.
By Christiane Kuehl
TSMC CEO C.C. Wei will break ground for the construction of the chip company's Dresden plant on August 20. Construction is expected to start by the end of 2024. The plant, named European Semiconductor Manufacturing ESMC, is expected to go into operation in late 2027.
By Carolyn Braun
