Budget deficit: Hong Kong cuts 10,000 jobs and relies on AI
Hong Kong is planning massive cuts in the public sector. The plan is to cut 10,000 jobs by 2027. At the same time, the government is focusing on a major AI initiative.
By Fabian Peltsch
Hong Kong is planning massive cuts in the public sector. The plan is to cut 10,000 jobs by 2027. At the same time, the government is focusing on a major AI initiative.
By Fabian Peltsch
Donald Trump wants to free Russia from its "borderless friendship" with China and is therefore reaching out to Putin. Could the move succeed?
By Angela Köckritz
Starbucks is struggling in the People's Republic with a weak economy and tough competition from local brands such as Luckin Coffee. The coffee chain hopes to revitalize its business with a new partner.
By Amelie Richter
The ship had been in the waters southwest of Taiwan since Saturday and had not responded to repeated calls from the coastguard. The incident is similar to a series of incidents in the Baltic Sea.
By Amelie Richter
Chinese orders for H20 semiconductors from US chip giant Nvidia have risen sharply. The reason for this is the booming demand for DeepSeek's AI models.
By Fabian Peltsch
China expertise remains rare in the new German parliament. But with Johannes Volkmann and Florian Dorn, two new China experts could shape the direction of the CDU/CSU. The ranks of the FDP are losing decidedly China-critical voices, while the SPD and the Left Party have to reinvent their positions.
By Leonardo Pape
Competitive pressure and the wish for self-optimization drive more and more Chinese people into the arms of life coaches. However, the number of scams is growing.
By Redaktion Table
The EU Commission wants to relieve the bureaucratic burden on companies. For example, due diligence obligations in supply chains are to be limited to direct business relationships. However, opposition is forming.
By Amelie Richter
Chris Xu, founder of the Chinese fashion company Shein, has enjoyed a meteoric rise. Now, his business model is facing pressure. A man who is so reserved that his own employees are said to have problems recognizing him.
By Jörn Petring
The results of the elections in Germany sparked discussion among politically interested people on China's social media.
By Fabian Peltsch