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HUAIAN, CHINA - DECEMBER 06: Aerial view of Evergrande Metropolis or Evergrande Mingdu housing complex on December 6, 2021 in Huaian, Jiangsu Province of China. PUBLICATIONxINxGERxSUIxAUTxHUNxONLY Copyright: xVCGx CFP111360592090

Central bank cuts mortgage rates significantly

China cuts the five-year mortgage reference rate by 25 basis points. With this record move, the central bank hopes to boost the ailing property sector and thus the economy as a whole. However, it remains questionable whether this will work.

By Christiane Kuehl

byd

BYD wants to claim the premium segment for itself

In a stock exchange statement, the world's largest manufacturer of electric vehicles announced plans to enter the market for high-end luxury models. BYD also wants to buy back more shares to support the share price.

By Carolyn Braun

Wang Yi

Wang Yi seeks deeper cooperation with the EU

During his Europe visit, Chinese Foreign Minister Wang Yi advocated deepening solidarity and cooperation between the European Union and the People's Republic. China considers the EU to be an important force.

By Redaktion Table

China's energy dilemma

China cannot singlehandedly lower global energy prices, but it can tackle deflation at home. After years of maintaining a conservative macroeconomic policy stance, the time has come for a new round of fiscal and monetary expansion.

By Experts Table.Briefings

Temu Photo Illustrations A laptop keyboard and Temu logo displayed on a phone screen are seen in this illustration photo taken in Krakow, Poland on March 27, 2023. Krakow Poland PUBLICATIONxNOTxINxFRA Copyright: xJakubxPorzyckix originalFilename: porzycki-temuphot230327_npRiJ.jpg

Czech security authority investigates Temu

Czech security authority NUKIB has raised concerns about the handling of customer data by online retailer Temu. It involves the collection of sensitive personal data.

By Amelie Richter