PEKING Economic and cultural cooperation with Taiwan and the “peaceful development” of relations should be promoted, Li Keqiang told the nearly 3,000 delegates. In the speech passage, the prime minister was more emotional, but overall somewhat more reserved than in the previous year, when he referred to the blood ties he emphasized, when he had … Read more
ICBC-Filiale in Peking China’s largest bank won’t accept payments from Russian banks under Western sanctions. (Photo: Reuters) Industry Only a strong last quarter saved Russia’s banks from a year of losses in 2022. And currently it doesn’t look like this year will be any better. Because even banks from those countries that have so far … Read more
Beijing Airport Openings and new perspectives are also calling airlines and travel groups to the scene. (Photo: Reuters) Shanghai, Beijing, Berlin Despite corona easing for travelers to China, there probably won’t be an immediate holiday boom there. Assessments from the population, online platforms and travel agencies indicate that the recovery of the multi-billion dollar travel … Read more
Chinese PLA J-16 fighter jet 47 aircraft crossed the central line of the Taiwan Strait. The strait separates Taiwan from mainland China. (Photo: AP) Taipei China has been provoking the island republic of Taiwan with warships and military jets. According to the Taiwanese defense ministry, 71 Chinese aircraft and seven vessels were located near Taiwan … Read more
BRUSSELS According to the Commission, the markets in these regions have in the past been supplied with medicines from or through Great Britain. After Brexit, concerns arose that Britain’s exit from the common internal market and related trade restrictions could lead to supply bottlenecks. Northern Ireland is affected because it is a British province and … Read more
FLY In the course of the Russian war of aggression against Ukraine, numerous countries and even the EU have imposed far-reaching sanctions on Moscow since February. Russia responds regularly with countermeasures. In May, for example, Moscow banned business with some 30 companies, most of which are former subsidiaries of the Russian energy group Gazprom. The … Read more
BERLIN After a 1.2 percent increase in gross domestic product this year, the DIHK expects economic output to decline by around three percent over the next year. This makes it significantly more pessimistic than the federal government. In its autumn projection, the latter predicts a 0.4% contraction of the economy. The DIHK presented the results … Read more
Bangkok These were airports and highways, ports and railway lines. Many already heavily indebted countries have made their expensive dreams come true with the help of China in the past, now they are suffering from the loss of control. The global economic crisis drives them bankrupt, but the former granting China’s wishes often thwarts their … Read more
Kishore Mahbubani The Asian political scientist believes that the war in Ukraine will ultimately be just a “footnote in the epochal conflict between the US and China for world domination”. Dusseldorf Sometimes a change of perspective helps to understand. Kishore Mahbubani, one of Asia’s most prominent geostrategists, has a different view of the West that … Read more
– LONDON The reason is the additional administrative burden caused by the country’s exit from the EU, an expert from consulting firm UHY Hacker Young told the newspaper. Furthermore, there is not enough government support to navigate the “minefield” of trade regulations. However, the tax office has warned against taking the figures at face value. … Read more