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China
Chinese Investment in Europe Fell Sharply Last Year
China's investment in Europe fell sharply last year. According to a study by the American research firm Rhodium Group and the German Mercator Institute for China Studies, direct investment from China in the European Union and the United…
China Producer Prices Rise at Fastest Pace Since 2008
The prices charged by Chinese manufacturers for their products rose in May at the fastest pace since 2008. Rising raw material prices are to blame for the price increase.
It also creates price pressure worldwide.
Producer prices…
Daimler Plans to Ramp Up Mercedes-Benz Production in China
Car manufacturer Daimler wants to increase the production of Mercedes-Benz in China.
According to documents on the Chinese website, the German company, which has a partnership in China with the Chinese BIAC Motor, wants to increase…
Chinese Couples are Allowed to have Three Children
Under new rules, Chinese couples are allowed to have a maximum of three children. That is one child more than it is now.
That was decided on Monday in a meeting of the politburo chaired by President Xi Jinping, state news agency…
China Intensifies Campaign Against Rising Commodity Prices
The Chinese government is intensifying a weeks-long campaign to contain the rise in raw material prices. On Sunday, authorities convened the leaders of the largest metal producers.
After the meeting, Beijing threatened severe…
Biden and Leader Australia Discuss China in the First Meeting
New US President Joe Biden has made his first phone call with the Prime Minister of Australia.
They talked about China, the coup in Myanmar, the corona pandemic and the fight against climate change, the White House reports.…
China Strongly Opposes the Scrapping of Chinese Companies on New York Stock Exchanges
China is fiercely opposed to the US government's choices and will take the necessary steps to protect Chinese companies' legal rights.
A spokesperson for the State Department said Monday in response to the announcement that three…
Russia and China Have Not Yet Submitted Vaccines to EMA
Russia and China have not yet submitted their corona vaccines to the European Medicines Agency (EMA), which must approve drugs before they can be used in Europe.
"If they do, we will study the data," EMA CEO Emer Cooke told the…
China is Testing All Residents of the Capital for Coronavirus
China has started testing all residents of the capital of Qingdao. A handful of new corona infections came to light there on Sunday.
The authorities are not taking any risks and say they have already collected three million test…
China Has Built 380 Re-Education Camps to Hold Uyghurs
China has built as many as 380 re-education camps in the northwestern region of Xinjiang in the past three years to detain Uyghurs and other Muslim minorities, an Australian think tank has reported.
The organization relies on…