News

World Bank predicts slowing growth

A report by the World Bank predicts a decline in economic growth in China in the coming year. The Chinese economy has been characterized by strong ups and downs in recent years.

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BMW receives test license for autonomous driving

BMW is the second foreign manufacturer after General Motors to receive permission to test autonomous driving on high-speed roads in Shanghai. This is an important step for the company on the road to a general permit.

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'Mafia-style' coercion: Temu files lawsuit against Shein

The e-commerce discounter Temu has filed another lawsuit against its competitor Shein. The allegation: Its competitor has intimidated suppliers who trade with both companies and poached important employees.

By Carolyn Braun

IG Metall questions VW plant in China's Uyghur province

By Nico Beckert

Agreement reached on electricity market reform

During the night, Parliament and Council negotiators concluded the trilogue on the electricity market reform. The agreement is intended to reduce electricity prices and at the same time secure the expansion of renewable energies and nuclear energy.

By Manuel Berkel

EU and Chile sign new framework agreement

The EU and Chile want to strengthen political cooperation, trade, and investment. Chile is the EU's most important supplier of lithium.

By Leonie Düngefeld

Limits for de minimis aid increase

The EU Commission has extended two regulations for de minimis aid until the end of 2030 and increased the maximum amount – from €200,000 to €300,000 over a period of three years.

By Manuel Berkel

Cold snap puts cities on alert

Several provinces in China are bracing themselves for a severe cold snap with storms and heavy snowfall. Freezing temperatures are even forecast for Shanghai.

By Fabian Peltsch

Hanoi and Beijing want closer security cooperation

China and Vietnam want to work more closely together. According to a joint statement, the cooperation will primarily include security issues.

By Fabian Peltsch

Taiwan's foreign minister to resign after election

Joseph Wu wants to vacate his post after six years— regardless of who the winner of the election in Taiwan in January is.

By Amelie Richter