China extends subsidies for alternative drives

Production of electric cars in China Electric car in a Beijing Electric Vehicle Co. (BJEV) production line. (Photo: dpa) Beijing China is extending its subsidies for so-called vehicles with alternative drives, which include electric cars. This emerges from a message that was published on the website of the Chinese State Council. The subsidies were supposed […]

Huawei expects a difficult year and threatens the US government

Huawei Last year the group felt the effects of export restrictions. (Photo: AFP) Shenzhen For the world’s largest network supplier, Huawei, the current year could be the most difficult in its history due to the US sanctions. Eric Xu, Chairman of the Board of Directors, warned on Tuesday that further export restrictions could destroy global […]

Gazprom wants to expand in Europe with dumping prices

Moscow Winter was warm in Germany – too warm actually. In December the average temperature was three degrees above the long-term mean, in January and February even more than four degrees. The pleasant side effect of the rather bland winter: It had to be heated much less – not only in Germany, but also with […]

China gives the world economy new hope

Düsseldorf, Beijing Masks and face masks, virus tests and respirators: China supplies large quantities of equipment for the fight against the coronavirus Sars-CoV-2 all over the world. Chinese medical teams are also on the way to help countries from Italy to Iraq to fight the epidemic. While the US is dealing with the crisis itself, […]

How Germany’s corporations suffer in the United States

new York The corona crisis is also affecting German companies in the United States. Volkswagen (VW) and Mercedes announced their plant closings for the next week at the weekend. They follow the three major US manufacturers from Detroit. General Motors (GM), Ford and Fiat Chrysler had previously ceased production in North America by the end […]

Huawei regains top position in patent statistics

Munich, Dusseldorf Initially, Huawei founder Ren Zhengfei appeared uncertain when he appeared at the World Economic Forum in Davos in January. The 75-year-old sat motionless on his chair with his hands folded. But when he spoke about the allegations of the US government that his technology company was helping the Chinese government with cyber espionage, […]

USA extend exemption for trading in Huawei

Huawei The United States extends an exception rule for doing business with the Chinese network supplier. (Photo: AP) Washington The US government has again extended an exception for trading with the Chinese network supplier Huawei by 45 days. The deadline now runs until May 15, the Ministry of Economy announced. The US government blacklisted Huawei […]

Green hydrogen instead of well construction: the new EU-Africa strategy

Brussels You could already see that Africa had gained geopolitical importance on the first official trip to Ursula von der Leyens: the new EU Commission President did not lead it to Washington, but to Addis Ababa. The African Union is located in the Ethiopian capital. The international organization from 55 African countries is to become […]

The corona virus is pushing China’s smartphone giants into the global market

Xiaomi on expansion course China is producing more and more companies that have a say in global future technologies. Huawei is considered the leader in 5G mobile communications. Now the technology group Xiaomi Germany is in focus. The company is already the world market leader for smart household appliances. Just a few months after the […]

Corona virus plunges smartphone market into crisis

Dusseldorf The posters have been removed, the stands dismantled: In Barcelona there is not much to remind you that the Mobile World Congress (MWC) should take place at the end of February. What remains after the cancellation is the frustration: The smartphone manufacturers wanted to use the most important meeting of the mobile phone industry […]