Porsche: China business in free fall.
Demand for fully electric luxury cars is declining in China. Porsche also feels the effects. Profits fell by 42 percent in the first quarter.
By Emily Kossak
Demand for fully electric luxury cars is declining in China. Porsche also feels the effects. Profits fell by 42 percent in the first quarter.
By Emily Kossak
Officially, Xi Jinping has been relentlessly cracking down on corruption for years. Millions of officials have been punished and entire circles of power have been toppled. But behind the scenes, the old system continues to thrive. A new US intelligence report suggests that Xi's family also continues to profit on a grand scale.
By Fabian Peltsch
China has increased its military spending again in 2024. Last year, global military expenditure grew more than ever since the end of the Cold War. The region could drift into a dangerous arms spiral.
By Emily Kossak
What opportunities Germany's new Economy Minister might see in cooperation with China, and why the new Transport Minister is banking on India in the automotive sector.
By Redaktion Table
This summer, Indian pilgrims will once again be able to enter the Tibet Autonomous Region. The route had been closed since summer 2020.
By Emily Kossak
China's President Xi Jinping will visit the financial metropolis of Shanghai this week. In light of the trade war with the US, the trip is intended to highlight technological progress and economic security.
By Katrin Klein
The stricter US export controls for AI chips could fuel China's technological innovation. One current example is Nvidia and Huawei. As Nvidia is banned from shipping its new AI chip, demand for Huawei's AI chip is exploding.
By Jörn Petring
The tree-planting campaigns of the Chinese leadership receive widespread attention in the state media. Within an opaque system, such symbolic acts shed light on political power dynamics. Their ecological impact, however, is questionable.
By Leonardo Pape
The tea house chain Chagee aims to overtake the struggling coffee house giant Starbucks in China. The latest US IPO is the starting signal for global expansion.
By Fabian Peltsch
According to an insider, the US government is considering a significant reduction in tariffs against China. So far, the Chinese leadership has been skeptical of rhetorical attempts at rapprochement on the US side.
By Leonardo Pape