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China (English)

catl

CATL builds new battery factory in Beijing

Beijing has attracted battery giant CATL to the city: The company plans to build an EV battery plant this year. The capital hopes to strengthen the local EV supply chain.

By Redaktion Table

How can the world's growth engine do better?

In 2024, China will most likely make the largest contribution to global GDP growth, but could still fall short of its potential. The biggest threats are demographic change and a debt deflation trap.

By Redaktion Table

State banks restrict lending to Russia

Although China rejects Western sanctions against Moscow, Chinese state banks continue to restrict their cooperation with Russian clients to avoid becoming the target of new US secondary sanctions themselves.

By Redaktion Table

byd

BYD plans billion investment in smart cars

BYD plans to invest billions in smart vehicles and announces the launch of its Denza brand in Europe for late 2024. Yangwang and Cheng Bao are also to be launched on the international market – probably under a different name.

By Redaktion Table

Taiwan

Nauru severs ties with Taiwan

Another blow for Taiwan's foreign policy: A few days after the presidential election, the Pacific nation of Nauru severed diplomatic ties with the country.

By Michael Radunski