China exports to Germany surge in June, widening first-half trade deficit China exports to Germany jumped 27.2% year-on-year in June, while imports from Germany rose just 3.1%, data from China’s …
Chinese
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Business
Chinese workers protest unpaid wages at Ust-Luga chemical plant in Russia
by Leo MĂĽllerby Leo MĂĽllerChinese workers in Ust-Luga stage mass protests over unpaid wages and confined conditions Chinese workers in Ust-Luga protest unpaid wages, seized passports and prison-like housing at a major chemical site, …
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Politics
Germany summons Chinese ambassador over reports of PLA training Russian soldiers
by Hans Ottoby Hans OttoGermany summons Chinese ambassador after reports China trains Russian soldiers Germany summons Chinese ambassador after reports China trains Russian soldiers; Berlin warned Beijing that aiding Moscow threatens euro-Atlantic security. Germany …
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Business
German auto market surges as electric car subsidy drives Chinese brand growth
by Leo MĂĽllerby Leo MĂĽllerGerman car market rebounds in June as electric subsidy drives private BEV boom German car market rebounds in June as electric subsidy lifts private BEV sales; Chinese brands surge while …
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Business
Volkswagen warns of up to 60,000 job cuts amid Chinese competition
by Leo MĂĽllerby Leo MĂĽllerVolkswagen cost cuts escalate as Chinese rivals and politics squeeze German plants Volkswagen cost cuts accelerate as the company prepares deeper savings measures amid slowing demand, rising competition from Chinese …
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Business
Chinese yuan undervaluation costs German economy 43 billion euros, study finds
by Leo MĂĽllerby Leo MĂĽllerYuan undervaluation costs German economy billions, IW study finds IW study says China’s yuan undervaluation costs Germany billions; a 40% simulated appreciation could boost GDP by 0.3% and add €43bn …
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Business
German auto industry faces Chinese surge as BYD eyes world leadership
by Leo MĂĽllerby Leo MĂĽllerGerman auto industry in China loses ground as BYD targets global leadership by 2030 German auto industry in China loses ground amid a surge in Chinese exports and BYD’s push …
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Business
Chinese researchers develop ultra-black automotive paint that absorbs 99.9 percent of light
by Leo MĂĽllerby Leo MĂĽllerUltra-black paint developed in China absorbs 99.9% of light, promising deeper car finishes A newly developed ultra-black paint that soaks up 99.9% of incoming light could redefine automotive finishes and …
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Technology
Microsoft Evaluates Chinese Deepseek AI Models for Copilot Cowork Assistant
by Helga Moritzby Helga MoritzMicrosoft Eyes Deepseek AI Models for New Copilot Cowork Enterprise Assistant Microsoft is evaluating Chinese AI firm Deepseek’s models for Copilot Cowork, citing quality and cost while prompting enterprise security, …
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Business
US Tightens AI Chip Export Rules, Requires Licenses for Chinese Firms
by Leo MĂĽllerby Leo MĂĽllerUS Tightens AI Chip Exports to Chinese Firms, Closing Offshore Loophole U.S. Commerce Department rules now require licenses for AI chip exports to companies headquartered in China, tightening controls on …