News
Mar 29, 2024 /
Monthly Press Review Hong Kong March 2024Condensed Press Review prepared by the Consulate General of Switzerland in Hong Kong.
Feb 29, 2024 /
Monthly Press Review Hong Kong February 2024Condensed Press Review prepared by the Consulate General of Switzerland in Hong Kong.
Jan 31, 2024 /
Monthly Press Review Hong Kong January 2024Condensed Press Review prepared by the Consulate General of Switzerland in Hong Kong.
Dec 31, 2023 /
Monthly Press Review Hong Kong December 2023Condensed Press Review prepared by the Consulate General of Switzerland in Hong Kong.
Nov 30, 2023 /
Monthly Press Review Hong Kong November 2023Condensed Press Review prepared by the Consulate General of Switzerland in Hong Kong.
Oct 31, 2023 /
Monthly Press Review Hong Kong October 2023Condensed Press Review prepared by the Consulate General of Switzerland in Hong Kong.
Sep 29, 2023 /
Monthly Press Review Hong Kong September 2023Condensed Press Review prepared by the Consulate General of Switzerland in Hong Kong.
Aug 31, 2023 /
Monthly Press Review Hong Kong August 2023Condensed Press Review prepared by the Consulate General of Switzerland in Hong Kong.
Jul 31, 2023 /
Monthly Press Review Hong Kong July 2023Condensed Press Review prepared by the Consulate General of Switzerland in Hong Kong.
Jun 30, 2023 /
Monthly Press Review Hong Kong June 2023Condensed Press Review prepared by the Consulate General of Switzerland in Hong Kong.
May 31, 2023 /
Monthly Press Review Hong Kong May 2023Condensed Press Review prepared by the Consulate General of Switzerland in Hong Kong.
Apr 30, 2023 /
Monthly Press Review Hong Kong April 2023Condensed Press Review prepared by the Consulate General of Switzerland in Hong Kong.
Mar 31, 2023 /
Monthly Press Review Hong Kong March 2023Condensed Press Review prepared by the Consulate General of Switzerland in Hong Kong.
Feb 28, 2023 /
Monthly Press Review Hong Kong February 2023Condensed Press Review prepared by the Consulate General of Switzerland in Hong Kong.
Feb 08, 2023 /
SWISS nimmt Passagierflüge nach Shanghai wieder aufAngesichts gelockerter Einreisebestimmungen nach Festlandchina wird SWISS am 3. März ihre Passagierflüge nach Shanghai wieder aufnehmen. Vorgesehen ist im März zunächst ein wöchentlicher Flug. Ab April wird SWISS das Programm ausbauen und drei Flüge pro Woche anbieten.
Jan 31, 2023 /
Monthly Press Review Hong Kong January 2023Condensed Press Review prepared by the Consulate General of Switzerland in Hong Kong.
Dec 30, 2022 /
Monthly Press Review Hong Kong December 2022Condensed Press Review prepared by the Consulate General of Switzerland in Hong Kong.
Nov 30, 2022 /
Monthly Press Review Hong Kong November 2022Condensed Press Review prepared by the Consulate General of Switzerland in Hong Kong.
Oct 31, 2022 /
Monthly Press Review Hong Kong October 2022Condensed Press Review prepared by the Consulate General of Switzerland in Hong Kong.
Sep 30, 2022 /
Monthly Press Review Hong Kong September 2022Condensed Press Review prepared by the Consulate General of Switzerland in Hong Kong.
Aug 31, 2022 /
Monthly Press Review Hong Kong August 2022Condensed Press Review prepared by the Consulate General of Switzerland in Hong Kong.
Jul 31, 2022 /
Monthly Press Review Hong Kong July 2022Condensed Press Review prepared by the Consulate General of Switzerland in Hong Kong.
Jun 23, 2022 /
Corporate Structures for Foreign Companies in SwitzerlandA foreign investor faces a multitude of options on how to structure a market entry in Switzerland. As a rule, corporate foreign direct investments are structured either by setting up a corporate entity, usually in the form of a GmbH (limited liability company) or an AG (corporation) or by setting up a company branch (Zweigniederlassung).
May 27, 2022 /
China 2022 Economic Report - H1Read here the China 2022 Economic Report issued by the Embassy of Switzerland in the People's Republic of China
May 27, 2022 /
China 2022 Economic Report - H1Read here the China 2022 Economic Report issued by the Embassy of Switzerland in the People's Republic of China
Jan 01, 2022 /
Mongolia: Economic Report 2021Read here the Mongolia 2021 Economic Report issued by the Embassy of Switzerland in China.
Dec 31, 2021 /
Monthly Press Review Hong Kong December 2021Condensed Press Review prepared by the Consulate General of Switzerland in Hong Kong.
Nov 30, 2021 /
Monthly Press Review Hong Kong November 2021Condensed Press Review prepared by the Consulate General of Switzerland in Hong Kong.
Nov 26, 2021 /
SCCC and Swiss Re Institute Conduct China Outlook 2022On November 23, 2021, the Swiss-Chinese Chamber of Commerce (SCCC) and the Swiss Re Institute hosted the China Outlook 2022 under the topic “Fact or Fiction”.
Nov 26, 2021 /
A personal perspective on China’s relations with the “West”Georges Haour is Professor at IMD. His area is Innovation/R&D Management, technology transfer and entrepreneurship. He acts as an advisor to firms and organisations. His latest book, “Created in China” (Bloomsbury, London) is on Innovation in China.
Oct 29, 2021 /
Monthly Press Review Hong Kong October 2021Condensed Press Review prepared by the Consulate General of Switzerland in Hong Kong.
Sep 30, 2021 /
Monthly Press Review Hong Kong September 2021Condensed Press Review prepared by the Consulate General of Switzerland in Hong Kong.
Sep 27, 2021 /
HKSAR Government Publishes Report on Hong Kong's Business EnvironmentThe Government has just published the "Report on Hong Kong's Business Environment: A Place with Unique Advantages and Unlimited Opportunities" which sets out why Hong Kong is a place with unique advantages and unlimited opportunities.
Sep 13, 2021 /
SCCC Chosen as One of 52 Leading Business Developments Firms in ZurichThe British online finance magazine Daily Finance has chosen SCCC as one of the 52 leading business developments firms and startups in Zurich
Aug 31, 2021 /
Monthly Press Review Hong Kong August 2021Condensed Press Review prepared by the Consulate General of Switzerland in Hong Kong.
Jul 31, 2021 /
China 2021 Economic Report - H1Read here the China 2021 Economic Report issued by the Embassy of Switzerland in the People's Republic of China
Jul 31, 2021 /
China 2021 Economic Report - H1Read here the China 2021 Economic Report issued by the Embassy of Switzerland in the People's Republic of China
Jul 30, 2021 /
Monthly Press Review Hong Kong July 2021Condensed Press Review prepared by the Consulate General of Switzerland in Hong Kong.
Jul 01, 2021 /
SCCC Conducts Swiss China Summit in Celebration of 40 Years Chamber HistoryOn June 25, 2021, the Swiss-Chinese Chamber of Commerce (SCCC) hosted the "Swiss China Summit" in celebration of its 40th anniversary.
Jun 30, 2021 /
Monthly Press Review Hong Kong June 2021Condensed Press Review prepared by the Consulate General of Switzerland in Hong Kong.
Jun 08, 2021 /
Hong Kong: Economic Report 2021Read here the Hong Kong 2021 Economic Report issued by the Consulate General of Switzerland in Hong Kong.
Jun 03, 2021 /
Hong Kong: Economic Report 2020Read here the Hong Kong 2020 Economic Report issued by the Consulate General of Switzerland in Hong Kong.
May 31, 2021 /
Monthly Press Review Hong Kong May 2021Condensed Press Review prepared by the Consulate General of Switzerland in Hong Kong.
Apr 30, 2021 /
Monthly Press Review Hong Kong April 2021Condensed Press Review prepared by the Consulate General of Switzerland in Hong Kong.
Mar 31, 2021 /
Ausbau der Geschäftstätigkeit zwischen der Schweiz und China fördert das Vertrauen und den DialogDie Wirtschaftskammer Schweiz-China unterstützt die Absicht der am 19. März 2021 vom Bundesrat vorgestellten Chinastrategie, eine Kohärenz der verschiedenen Akteure zu erreichen. Die SCCC bietet für die Implementierungsarbeiten ihre China-Kompetenz und ihre Unterstützung an.
Mar 31, 2021 /
Monthly Press Review Hong Kong March 2021Condensed Press Review prepared by the Consulate General of Switzerland in Hong Kong.
Mar 05, 2021 /
Foreign investment: China’s Security Review Measures take effectArticle by SCCC President Felix Sutter in PwC's China Compass about the Chinese government’s Security Review Measures (SRM).
Feb 26, 2021 /
Monthly Press Review Hong Kong February 2021Condensed Press Review prepared by the Consulate General of Switzerland in Hong Kong.
Feb 19, 2021 /
SCCC President Felix Sutter gives Interview on impact of China-EU trade on Swiss businessesFelix Sutter gives an interview to XInhua concerning the benefits Swiss businesses can expect from growing trade relations between China and the European Union, including the recently announced Comprehensive Agreement on Investment (CAI).
Feb 18, 2021 /
SCCC Board Member Kurt Haerri to become CEO of MaréchauxAfter 34 years at Schindler Group, Kurt Haerri will take up the position as CEO of Maréchaux Elektro-Gruppe in April 2021.
Jan 29, 2021 /
Monthly Press Review Hong Kong January 2021Condensed Press Review prepared by the Consulate General of Switzerland in Hong Kong.
Jan 22, 2021 /
Swiss media mentions of Ticino Chapter webinarThe online event "The Chinese Recipe" by the SCCC's Ticino Chapter in cooperation with the City of Lugano and the University of Applied Sciences and Arts of Italian Switzerland received mentions in Italian speaking Swiss media.
Dec 31, 2020 /
China 2020 Economic Report - H2Read here the China 2020 Economic Report issued by the Embassy of Switzerland in the People's Republic of China
Dec 11, 2020 /
Newsletter - China Mobile International SwitzerlandCMI Switzerland is about to launch in Geneva.
Dec 09, 2020 /
Swiss media mentions of Ticino Chapter webinarThe webinar "China: challenges and business opportunities in the age of Post COVID-19" held by the SCCC's Ticino Chapter in cooperation with the City of Lugano and the Swiss Embassy in China received several mentions in Italian speaking Swiss media.
Nov 26, 2020 /
«China provides truly disruptive innovation»On the occasion of the China International Import Expo (CIIE), Accenture has invited Anton Kotov, Chief Strategy Officer and Chief Innovation Officer at ABB, to discuss how ABB uses China as a hub and a source of innovation. Accenture is anniversary partner of the Swiss-Chinese Chamber of Commerce (SCCC) and connects European and Swiss companies with China’s innovation ecosystem.
Oct 19, 2020 /
China's economic recovery gains even more momentumChina's economy is picking up steam as the country continues to dig its way out of the turmoil caused by the coronavirus pandemic. The world's second largest economy expanded 4.9% in the July-to-September quarter compared to a year ago.
Oct 18, 2020 /
China Gives Shenzhen Greater Autonomy to Attract InvestmentChina announced measures that will grant its southern boomtown Shenzhen more autonomy as Beijing seeks to raise the profile of the region as a tech and financial hub.
Oct 15, 2020 /
Thailand Seeks Travel Bubble Pact With China to Spur TourismThailand is in talks with China to establish a quarantine-free travel corridor by January to rescue its ailing tourism industry.
Oct 14, 2020 /
5 takeaways from Xi Jinping’s speech during 40th anniversary visit to ShenzhenChinese President Xi Jinping gave a 50-minute speech in Shenzhen on Wednesday to mark the 40th anniversary of the city becoming China’s first ever special economic zone (SEZ).
Oct 13, 2020 /
Towards a cashless society
Oct 12, 2020 /
China's exports seen sustaining recovery in September as markets reopenChina’s exports posted a fourth straight month of gains in September as more trading partners reopened their economies, a Reuters poll showed, while imports are also expected to have edged back into growth.
Oct 11, 2020 /
What is China’s census, and why is it important?China will begin its seventh population census on November 1, where a huge range of personal and household information will be gathered. Because of the vast number of people surveyed, it will in theory provide the most accurate information on changes to China’s population and be used as a key resource for future planning.
Oct 09, 2020 /
China’s Shenzhen giving away millions in sovereign digital yuan to test technology and boost consumptionChina’s fastest-growing city will start giving local residents 10 million yuan worth of the country’s new sovereign digital currency via a lottery this weekend – the latest move in a series of trials to test and promote the new digital yuan.
Oct 08, 2020 /
E-Commerce Ecosystem in ChinaHow to Work with a Trade Partner on a Cross-Border E-Commerce Platform in China?
Oct 07, 2020 /
Next big thing for Hong Kong’s virtual banks: wealth managementHong Kong approved eight new virtual banking licences last year, with four lenders joining the market in the past three weeks. Now, they are moving towards the “next phase” of their development with an expansion into wealth management.
Oct 05, 2020 /
Dufry to enlist Alibaba as shareholder, signs China JVChina’s Alibaba plans to acquire a stake of up to 9.99% in Swiss duty free group Dufry, Dufry said on Monday, as it announced a new Chinese joint venture with the tech giant.
Oct 02, 2020 /
China’s currency takes on the sheen of safe haven asset against volatility, ending third quarter with its biggest gains in 12 yearsThe Chinese yuan is drawing attention as a haven from volatility after its best quarter in 12 years. The onshore renminbi gained 3.8 per cent in the three-month period ending September 30, the most since early 2008.
Oct 01, 2020 /
Macau Sees Little Sign of Recovery as Gaming Revenue Falls 90%Macau gaming revenue showed little sign of improvement, notching a sixth straight month of declines of at least 90%, as a gradual relaxation of travel and visa curbs by China has so far brought few visitors.
Sep 30, 2020 /
Surging Prices Turn Pork Into Luxury Holiday Gift in ChinaPork had become a prized product in recent years after the spread of African swine fever across China pushed prices to a record high.
Sep 30, 2020 /
Luxury brands bank on a raring China market as pandemic lays waste to global demandWith the coronavirus pandemic having sent most of the world’s luxury spending into a tailspin and China the only major economy expected to show growth this year, high-end brands now depend more than ever on Chinese consumers.
Sep 29, 2020 /
Commodity Shipping Overcomes Covid on China Infrastructure SpendShips that transport coal and iron ore to China are seeing a surge in earnings as the nation’s demand for commodities rises.
Sep 25, 2020 /
China expands investment scope for foreign investors under combined schemeChina moved to further ease foreign access to its capital markets on Friday, officially combining two major inbound investment schemes and broadening the scope for foreign institutional investment.
Sep 24, 2020 /
China’s economy undergoing ‘two very different recoveries’, study that counters official data saysA survey of Chinese firms conducted by China Beige Book showed that for “the corporate elite” – large firms in Shanghai, Beijing and Guangdong – the economy is accelerating, but that “most firms in most regions are seeing a far more muted recovery”.
Sep 24, 2020 /
Analysis: Going carbon neutral by 2060 ‘will make China richer’China’s surprise pledge to reach “carbon neutrality” before 2060 could cut global warming this century by 0.25C and raise the country’s GDP, our new analysis shows.
Sep 23, 2020 /
China to allow foreigners with valid residence permits to enter from Sept 28China’s foreign ministry said on Wednesday foreigners with valid residence permits can enter the country without needing to re-apply for visas from Sept. 28.
Sep 22, 2020 /
China to step up financial support for supply chainsChina will step up support for key firms engaged in supply chains in advanced manufacturing, services and trade sectors, the central bank and other state agencies said in guidelines issued on Tuesday.
Sep 21, 2020 /
China's ByteDance says TikTok will be its subsidiary under deal with TrumpChina’s ByteDance said on Monday that TikTok’s global business will become its subsidiary, even as Oracle Corp. and Walmart Inc. said over the weekend that they and U.S. investors would own the majority of the video app.
Sep 21, 2020 /
China announces plans for three new pilot free trade zones in Beijing, Hunan and AnhuiChina’s cabinet announced plans for three new pilot free-trade zones, in the capital city of Beijing, the southern province of Hunan and the eastern province of Anhui in efforts to attract foreign investment, stimulate trade and boost regional development.
Sep 20, 2020 /
Golden week: record number of Chinese travellers planning domestic trips tempted by cheap airline fares, overseas curbsChina’s domestic air traffic volume is expected to reach a record high during the upcoming “golden week” holiday, as lower ticket prices and curbs on international travel spur travel-hungry mainlanders to seek out local tourist destinations.
Sep 17, 2020 /
UBS Mulls China Expansion, New Hires for Asset ManagementUBS Group AG is exploring options to expand its asset-management business in China, taking advantage of relaxed rules to defend its leading position among foreign players in the 100 trillion yuan market.
Sep 15, 2020 /
Chinese firms bet on plant-based meat as coronavirus fuels healthy eating trendA small but growing coterie of Chinese companies are betting on a bright future for plant-based meat products as consumers take their health more seriously in the wake of the COVID-19 pandemic.
Sep 14, 2020 /
Chinese, Swiss leaders mark 70th anniversary of diplomatic tiesChinese President Xi Jinping on Monday exchanged congratulatory messages with Simonetta Sommaruga, president of the Swiss Confederation, on the 70th anniversary of the establishment of diplomatic ties between China and Switzerland.
Sep 14, 2020 /
Switzerland and China celebrate 70 years of diplomatic relationsThe President of the Swiss Confederation, Simonetta Sommaruga, exchanged congratulatory messages with Chinese President Xi Jinping on Monday to mark the 70th anniversary of the establishment of diplomatic ties between the two countries.
Sep 14, 2020 /
瑞士庆祝同中国建交 70 周年9 月 14 日（周一），瑞士联邦主席西莫内塔·索马鲁加（Simonetta Sommaruga）同中国 国家主席习近平互致贺电，庆祝瑞士与中国建交 70 周年。
Sep 09, 2020 /
China-Europe freight trains gather steam amid surge in B2B goods bought onlineChinese customs authorities say the future looks bright for domestic exports in B2B cross-border e-commerce transactions via the railway. They note that it is a relatively flexible and convenient option for traders.
Sep 07, 2020 /
China’s inward-facing ‘dual circulation’ strategy leaves many wondering where domestic demand will come fromThe world's second largest economy is facing a large problem: weak consumer spending as a result of a state-led growth model. And the lack of consumer purchasing power is flying in the face of Beijing’s new economic plan of creating a massive domestic market to reduce the nation’s reliance on exports.
Sep 06, 2020 /
China tries to woo wary foreign firms with market access to offset US decouplingBeijing has renewed its charm offensive to woo the foreign business community, stressing that it will keep opening up its domestic economy.
Sep 06, 2020 /
Reusable Chinese spacecraft lands successfully: state mediaAn experimental reusable spacecraft launched into orbit two days ago by China has successfully returned to a designated site on Sunday, marking a breakthrough that could lead to cheaper round-trips to space.
Sep 05, 2020 /
China to roll out new supportive policies for hydrogen fuel cell vehicles, official saysChina will roll out a new package of policies to support hydrogen fuel cell vehicles to improve the industry’s supply chain and technologies, a government official said on Saturday.
Sep 05, 2020 /
China's CNBG, Sinovac find more countries to test coronavirus vaccinesChina National Biotec Group (CNBG) and Sinovac Biotech Ltd said on Saturday they have each found two more countries to run late-stage clinical tests of their coronavirus vaccine candidates, as China steps up its efforts in the global race.
Sep 04, 2020 /
China's August exports seen keeping solid momentum; imports flat: Reuters pollChina’s exports likely posted a second month of solid gains in August as more of its trading partners relaxed coronavirus lockdowns and reopened their economies, while imports edged back into growth, a Reuters poll showed on Friday.
Sep 03, 2020 /
China’s services sector remains strong, boosted by first employment increase since JanuaryChina’s coronavirus recovery continued as services sector activity remained strong in August, with employment levels increasing for the first time since January, a private survey showed on Thursday.
Sep 02, 2020 /
The Healthcare Market Boom in ChinaThe Chinese healthcare industry is undergoing a major transformation and is experiencing significant R&D growth due to government policies that encourage investing into innovative drugs and medical devices.
Sep 02, 2020 /
40 Years SCCCToday, the Swiss Chinese Chamber of Commerce celebrates its 40th anniversary! You can read here the President's statement to this special date.
Sep 02, 2020 /
Hengrui Medicine sets up clinical research and development in BaselThe Chinese life sciences company Hengrui Medicine is establishing a Swiss subsidiary in Basel. The European hub for clinical research and development will help the company to advance its innovative drugs, including cancer treatments.
Sep 01, 2020 /
Site Selection for Life Sciences Companies in AsiaThe publication introduces the business and regulatory frameworks in India, China, Hong Kong SAR and Singapore, with particular reference to locating elements of businesses’ value chains there.
Sep 01, 2020 /
China’s sovereign digital currency plans must be globally compatible to internationalise the yuan, analysts sayChina is set to expand the testing of its new sovereign digital currency later this year or in early 2021, but analysts say the design of its technological platform needs to be made compatible with those of other countries if the digital yuan is to play a role in international transactions.
Aug 31, 2020 /
China’s mega banks lost billions of dollars in profit as bad loans rise during coronavirus pandemicChinese banks, among the world’s largest by assets, have been placed at the front line of government effort to soften the economic blow on households and businesses.
Aug 31, 2020 /
China’s new tech export restrictions further cloud US TikTok sale and raise the risk of protectionismThe new rules come at a time of worsening relations between Washington and Beijing, with trade and tech tensions on the rise. Approval timetable would still be compatible with the November 12 deadline set by Trump’s second TikTok executive order, requiring a TikTok sale.
Aug 31, 2020 /
China 2020 Economic Report - H1Read here the China 2020 Economic Report issued by the Embassy of Switzerland in the People's Republic of China
Aug 30, 2020 /
New technology export controls are to better align with the times: China Daily editorialChina on Friday revised its list of technologies that are banned or restricted for export for the first time in 12 years.
Aug 16, 2020 /
Chinese stocks lead gains regionally; Japan’s economy shrinks in second quarterU.S. President Donald Trump issued an executive order Friday forcing China’s ByteDance to sell or spin off its U.S. TikTok business within 90 days. Japan’s economy shrank 27.8% on an annualized basis in April-June, according to government data released Monday. That was the sharpest contraction on record, according to Reuters.
Aug 14, 2020 /
Results of survey on the Hong Kong National Security Law among Swiss Business Community in Hong KongThe Consulate General of Switzerland and the Swiss Chamber of Commerce conducted the online survey between 17th and 24th of July 2020. We received 58 replies. We thank all participants for their time and interest.
Aug 11, 2020 /
«Understanding the Chinese business partner’s motives and incentives is key»Lukas Zuest and Zhao Luer from the law firm VISCHER, Zurich, talk about their experience with Swiss companies searching for online and offline distribution channels in China, as well as with Chinese investments in Switzerland.
Aug 10, 2020 /
Trump WeChat ban 'an unwelcome signal' for Chinese communityFor the global Chinese community, WeChat is more than a chat app: it is often the primary means of staying in touch with friends and family back home.
Aug 10, 2020 /
Why is Hong Kong so Important
Jul 31, 2020 /
BRI and Beyond: News UpdateBaker McKenzie regularly shares this Belt & Road Initiative (BRI) media coverage bulletin, so their growing BRI Community across Asia, Africa, Europe and Latin America can remain ahead of the curve when it comes to the latest developments in the market.
Jul 28, 2020 /
Tencent steals Facebook’s social media crown with rally that adds US$207 billion to market value this yearChinese online games giant is now the world’s seventh most valuable company ahead of Facebook. Jefferies analyst Thomas Chong expects Tencent shares to climb up to HK$651 in the next 12 months; shares are up 45 per cent year to date.
Jul 27, 2020 /
Office Vacancies in China’s Cities Soar Even as Economy ReopensPrime vacancy rates rose to 20% in second quarter in Shanghai In Shenzhen, almost one-third of offices may be empty by 2022
Jul 19, 2020 /
China’s property market is rebounding from the coronavirus crisis, but some warn it may overheatHousing sales in the country plummeted at the outset of the pandemic as China’s economy shut down. But official data pointed to a recovery in transactions as the country reopened. The sector offers opportunities for bond investors as developers get back on their feet, analysts say. But others warn of a potential property bubble, as some Chinese cities this week imposed new restrictions on housing purchases to curb speculation.
Jul 01, 2020 /
Chinese inventors seek to join the club of the global eliteLukas Zuest, Matthias Staehelin and Stefan Kohler, Attorneys at Law at VISCHER, Zurich, discuss Chinese investments in early-stage Swiss life science companies.
Jun 29, 2020 /
Is the coronavirus pandemic entering a second wave?As countries around the world relax Covid-19 restrictions and some areas see an increase in infections, questions are being raised about whether the pandemic is entering what is known as a second wave.
Jun 29, 2020 /
Hebei: China locks down 400,000 people after virus spike near BeijingChina has reinstated a strict lockdown near Beijing, affecting around 400,000 people, after a small surge in cases. The restrictions have come into force in Anxin county in Hebei province near the capital.
Jun 29, 2020 /
China loosens rules on fund flows between Greater Bay Area cities, in a partial relaxation of capital controlsChina’s government will loosen the rules on two-way fund flows between nine cities in the nation’s south with Hong Kong and Macau, taking a tentative step toward partial relaxation of its capital controls. Wealth Management Connect will encourage big players such as UBS, HSBC and other private banks and fund houses increase investment in Hong Kong.
Jun 26, 2020 /
Huawei in top 10 for BCG's 50 most innovative companies in 2020Huawei has been ranked No. 6 in BCG’s list of the 50 Most Innovative Companies in 2020, a jump of 42 places. This is the highest ranking for the company since it first made the list in 2012.
Jun 25, 2020 /
Switzerland launches SwissCovid tracing app for residentsSwiss residents will be able to download the new SwissCovid smartphone app from June 25. The contact-tracing system aims to prevent the spread of the virus while guaranteeing privacy and control over personal data for users.
Jun 24, 2020 /
China to buck global economic downturn in 2020 as coronavirus continues to drive down activity, says IMFThe IMF’s World Economic Outlook Update says China’s economy will grow 1 per cent this year and 8.2 per cent in 2021. Global economic output is forecast to fall 4.9 per cent, 1.9 percentage points below the estimate in April.
Jun 22, 2020 /
Global report: China suspends US poultry imports from Covid-19-affected businessChina has suspended imports of poultry products from a plant owned by an Arkansas-based meat processor, Tyson Inc, that has been hit by coronavirus, as authorities struggle to bring an outbreak in Beijing under control.
Jun 21, 2020 /
Foreign firms snap up Chinese companies despite political tensions as Beijing opens its doors“Over the past 18 months, we have recorded levels of foreign M&A into China that were not seen in the previous decade,” research firm Rhodium’s partner Thilo Hanemann and founding partner Daniel H. Rosen wrote in an online report. The rising business interest in the Asian giant contrasts with increasing political tensions between the U.S. and China.
Jun 19, 2020 /
Anxiety in Beijing as officials battle new coronavirus outbreakAfter months of lauding its victory over Covid-19 and offering other countries its expertise, China has been hit by a new outbreak, in arguably the worst place possible for the Chinese leadership: Beijing.
Jun 08, 2020 /
Hainan free-trade plan will help Hong Kong, not rival it, top official saysTurning the island province into China’s freest place to trade will complement Hong Kong, according to deputy director of planning agency. The plan will target different industries, and Hainan will build ties with the Greater Bay Area, he says.
May 31, 2020 /
Chinese Luxury Brand ConsumersAlthough the majority of Chinese consumers have only been exposed to luxury goods for 40 years, China has grown to be the world’s second-largest luxury market–and as its economy continues to strengthen, so does its consumption capability.
May 27, 2020 /
Neues Mandat für UBS-KadermannDer langjährige UBS-Banker Roger Bieri hat neben seiner beruflichen Tätigkeit ein neues Beratungsmandat, das für einen ganz wichtigen Wachstumsmarkt der Schweizer Grossbank zentral ist.
May 26, 2020 /
China says banks' bad loans high due to virus, credit risks growChina’s banking and insurance regulator said on Tuesday that bad loans at banks now stand at a high level due to the impact of the coronavirus pandemic.
May 25, 2020 /
China’s economic strategy shift shows Xi Jinping is preparing for ‘worst case scenario’, analysts sayThe Chinese president said that Beijing was pursuing a new development plan, focusing on its domestic market rather than an export-led growth model.
May 20, 2020 /
Digital Yuan launched: towards the end of cash in China?In order to maintain the leader position in the tech competitions, China has launched its own digital currency, designated by DCEP (Digital Currency Electronic Payment). The Chinese government started its pilot projects such as paying certain state allowances in digital currency (DCEP) since April 2020.
May 19, 2020 /
China puts city of Shulan under Wuhan-style lockdown after fresh Covid-19 casesMeasures tightened further in city of 700,000 close to Russian border that has been deemed a high-risk area.
May 18, 2020 /
European executives charter flights to return to ChinaCompanies from Germany, France and Switzerland plan to charter planes to bring their executives back to China amid the COVID-19 pandemic, and Chinese authorities are likely to open express channels to facilitate their comeback and revitalize economic activity, sources told the Global Times on Wednesday.
May 09, 2020 /
Chinesische Freunde der Gemeinde Rechthalten liefern MaskenRechthalten pflegt seit einigen Jahren eine Freundschaft mit der chinesischen Stadt Changping. Diese hat der Sensler Gemeinde nun Schutzmasken geschickt.
May 07, 2020 /
Umfrage-Ergebnisse zu aktuellen und zukünftigen Unternehmens-Aussichten in Bezug auf die COVID-19 KriseIm Rahmen einer Kundenbefragung Ende April haben wir, die BRAINFORCE AG die Einschätzung von Entscheidungsträgern im deutschsprachigen Raum Europas zum Zustand und zu den erwarteten Entwicklungen in Bezug auf die aktuelle COVID-19 Krise eingeholt. Über 360 Führungskräfte haben unsere Umfrage detailliert beantwortet.
May 01, 2020 /
Global markets recoil as Trump threatens US-China trade warDonald Trump’s threats to reignite the US-China trade war over coronavirus has triggered another sell-off in global financial markets, as the economic costs of the pandemic continue to mount.
Apr 29, 2020 /
Hong Kong, April 2020: A condensed press review prepared by the Consulate General of Switzerland in HKA condensed press review prepared by the Consulate General of Switzerland in HK
Apr 28, 2020 /
China starts major trial of state-run digital currencyThe e-RMB has reportedly been adopted into the monetary systems of several cities in China with some government employees and public servants to receive their salaries in the digital currency from May.
Apr 27, 2020 /
In Race for a Coronavirus Vaccine, an Oxford Group Leaps AheadAs scientists at the Jenner Institute prepare for mass clinical trials, new tests show their vaccine to be effective in monkeys.
Apr 25, 2020 /
China says all Wuhan coronavirus patients have been dischargedChina says all Wuhan coronavirus patients have been discharged, Russia cases top 80,000, and British Prime Minister Boris Johnson will return to work at Downing Street after recovering from coronavirus - overview of the latest developments around the world.
Apr 21, 2020 /
What negative US oil prices mean for the industryBenchmark US crude oil prices traded with negative prices for the first time in history on Monday, sending shockwaves through the global energy sector. But what are negative prices and what do they mean for the wider industry?
Apr 17, 2020 /
Easing of Covid-19 restrictions highlights Swiss mask shortageThe Swiss government says it is doing everything it can to procure face masks, which are still not officially recommended for healthy members of the public. But as businesses slowly prepare to reopen, the key role of masks in the government’s coronavirus health policy is becoming clear.
Apr 14, 2020 /
European and Asian stocks rise as Chinese data boost sentimentEuropean equity markets tracked their Asian counterparts higher on Tuesday after upbeat Chinese trade data fuelled investor optimism that its economy was bouncing back.
Apr 06, 2020 /
Chinese masks, or 'blue gold', arrive for Swiss hospitalsA Boeing 747 landed in Geneva on Monday with 92 tonnes of protective medical equipment including masks made in China for distribution to 13 Swiss hospitals and pharmaceutical associations as they battle the COVID-19 pandemic.
Apr 02, 2020 /
For some Chinese businesses, there's no going back to life before the coronavirusAs of Monday, more than 429,000 business have dissolved or suspended operations for the year so far, according to analysis from Qichacha, which runs a Chinese business information database.
Apr 02, 2020 /
In Diplomatic Whipsaw, U.S. and China Seek to Cooperate on Pandemic and EconomySeveral of President Trump’s top aides are advising him to work with China, but national security officials are skeptical the truce will hold.
Mar 30, 2020 /
China says manufacturing activity expanded in March, defying expectations of a contractionChina on Tuesday said the official Purchasing Manager’s Index for March was 52.0, beating expectations for an economy hit by the coronavirus outbreak.
Mar 30, 2020 /
Private Swiss initiative to import medical goods from ChinaA private, “citizen” initiative organised by business groups in Geneva is to transport almost 100 tonnes of medical equipment into the country next week. More flights are set to follow.
Mar 29, 2020 /
Switzerland is prepared to raise $21 billion loan packageSwitzerland’s 20 billion-franc ($21 billion) fund for state-backed emergency loans to small businesses can be increased, Finance Minister Ueli Maurer told the SonntagsBlick newspaper. “It’s possible that we’ll have to top it up,” Maurer said, adding that the government is prepared to spend “as much as necessary.” We’re going into debt to save jobs,” he said.
Mar 29, 2020 /
China should stand up to revive global demandThe economic fallout from the pandemic is starting to feel like 2008 reprised. Share prices have slumped. The global economy is lurching toward recession and unemployment is swelling. Once again, policymakers, investors and others are asking a crucial question: can China revive the world’s economy?
Mar 27, 2020 /
China suspends entry by foreign nationals holding Chinese visas, residence permitsIn view of the rapid spread of COVID-19 across the world, China has decided to temporarily suspend the entry into China by foreign nationals holding visas or residence permits still valid to the time of this announcement, effective from 0:00 am, March 28, 2020, said a statement jointly released by Chinese Foreign Ministry and the National Immigration Administration.
Mar 27, 2020 /
China and Huawei propose reinvention of the internetNew architecture would enable cutting-edge technologies but western countries fear more control for state-run internet services
Mar 24, 2020 /
Impact of COVID-19 on patent deadlinesWith courthouse closures and law firms quick to implement remote working policies, the COVID-19 pandemic is having an impact beyond the realm of public health. As the virus continues to spread, intellectual property offices are adopting measures to accommodate missed deadlines relating to COVID-19.
Mar 22, 2020 /
Coronavirus: China’s talks up economic growth prospects, premier says small businesses must surviveDeloitte forecast that by 2030 almost all companies with more than 10,000 employees may have private 5G networks. After the worst two months for decades, the People’s Bank of China says economy is expected to make a swift return to its expected growth pattern. Premier Li Keqiang says the government ‘must try all possible ways’ to help small companies to get back on their feet.
Mar 20, 2020 /
What you need to know about Switzerland's new emergency coronavirus measuresFrom injecting money into the economy to restricting social interactions of more than five people, the Swiss government on Friday announced a range of steps to minimise the impact of the coronavirus.
Mar 10, 2020 /
Coronavirus: Swiss per capita infection rate surpasses China’sBy 6pm on 11 March 2020 there were 1,225 recorded cases of infection in Switzerland.
Mar 05, 2020 /
China’s Huawei flies under the radar in Switzerland with industrial 5G networks for dairy farmersDeloitte forecast that by 2030 almost all companies with more than 10,000 employees may have private 5G networks. The Chinese company in February touted as many as 47 commercial contracts for 5G in Europe, more than in Asia.
Mar 01, 2020 /
Coronavirus COVID-19 Global Cases by Johns Hopkins CSSEGet the latest figures and updates worldwide on the Coronavirus.
Mar 01, 2020 /
Coronavirus: tracking the latest figures as the outbreak spreadsThe humanitarian costs of the coronavirus outbreak have continued to mount, with more than 79,000 people infected in China alone, where the outbreak originated.
Feb 02, 2020 /
Wirtschaftliche Auswirkungen des CoronavirusDie Wirtschaftskammer Schweiz-China empfiehlt Schweizer Unternehmen mit Geschäftsaktivitäten in China ihre Lieferketten auf kritische Komponenten zu überprüfen.
Feb 01, 2020 /
Coronavirus Latest: China Infections Reach 11,890, Apple Closes All Mainland StoresSince December, health authorities in China have been grappling with an outbreak of a new coronavirus that has sickened more than10,000 people and killed more than 200. Caixin Global will continue covering this story as it develops. Please check back regularly for updates.
Jan 21, 2020 /
Vice-Premier Renews China’s Commitment to GlobalismHan Zheng, Vice-Premier of the People's Republic of China, reaffirmed China’s commitment to continued global economic integration and multilateral institutions even amid growing international tension.
Jan 10, 2020 /
China Reports First Death From New VirusThe coronavirus, which surfaced in the city of Wuhan, has put the region on alert, but there is no evidence that it can spread among humans.
Jan 01, 2020 /
What can we expect in China in 2020?2019 in China brought together long running challenges, such as uncertainty over US–China tariff levels and ever more intrusive regulation of business in China, with a few unexpected ones as well
Jan 01, 2020 /
Business Environment of the European Union 2019/2020A comprehensive report analyzing the business environment in the EU and what could be improved in order to enhance business relations with China.
Dec 12, 2019 /
Trump Signs Off on China Trade Deal to Avert December TariffsPresident Donald Trump signed off on a phase-one trade deal with China, averting the Dec. 15 introduction of a new wave of U.S. tariffs on about $160 billion of consumer goods from the Asian nation, according to people familiar with the matter.
Dec 04, 2019 /
Collaboration Between the Swiss and Chinese FinTech EcosystemsThe Zurich and Singapore based FinTech Incubator & Accelerator F10 has signed a Memorandum of Understanding with the Chinese Zheshang Venture Capital Company Ltd to create more opportunities for investment and Startup development within the F10 ecosystem at the “Zurich Lake – West Lake” forum for FinTech and Wealth Management.
Dec 01, 2019 /
«2019 Swiss Investment Promotion Roadshow»A series of investment promotional events held in Shanghai, Beijing and Shenzhen in November 2019.
Nov 14, 2019 /
Sino-Swiss Business Award für Projekt mit ABB-Leistungshalbleitern aus Lenzburg als HerzstückABB Power Grids erreichte bei den Sino-Swiss Business Awards in der Kategorie «Herausragende Leistungen eines multinationalen Unternehmens» für die Bereitstellung seiner innovativen Technologie zur Unterstützung des weltweit ersten Hochspannungs-Gleichstromübertragungsnetzes (HGÜ-Netz) in China den zweiten Platz.
Oct 29, 2019 /
U.S.-China tensions spur progress on giant Asia trade pactTensions between the United States and China have given new impetus to a China-backed trade pact and there is a chance of major progress, if not final agreement, when Southeast Asian leaders meet in Bangkok this week, analysts say.
Oct 18, 2019 /
China economy: Third quarter growth misses expectationsChina's economy grew at a slower pace than expected in the third quarter as it struggled with a US-led trade war and softer domestic demand.
Oct 16, 2019 /
Huawei garners 5G strength with global orderHuawei Technologies Co Ltd said on Tuesday that it has booked over 60 5G contracts, signaling global telecom carriers' increasing confidence in the Chinese company despite US restrictions.
Oct 15, 2019 /
China’s 2019 growth rate again cut by IMF as US trade war, Brexit leaves world economy in ‘precarious’ positionChina’s economic growth rate will remain just inside the government's target range in 2019 despite the International Monetary Fund again downgrading their prediction, while warning the outlook for the world economy “remains precarious.”
Oct 06, 2019 /
Jack Ma retires from AlibabaAlibaba, China’s most valuable public tech company, will mark its 20th birthday on Tuesday with a rite of succession: its founder Jack Ma will retire as executive chairman and hand the reins to chief executive Daniel Zhang.
Oct 02, 2019 /
Celebration of strength in unity shows future path: China Daily editorialAs predicted, among all the celebrations for the 70th anniversary of the founding of the People's Republic of China, it was the large-scale military parade in Beijing on Tuesday that grabbed the world's attention.
Oct 01, 2019 /
70 Jahre Volksrepublik China: die wichtigsten Ereignisse von 1949 bis heuteAls Mao Zedong auf dem Platz des Himmlischen Friedens die Volksrepublik China ausrief, lagen zwölf Jahre Krieg hinter den Chinesen, ein Bürgerkrieg und der Krieg gegen die Japaner.
Sep 25, 2019 /
Doppelte KulturbrückeTechnologie und Konsumprodukte aus der Schweiz sind in China gefragt. Der Weg in diesen grossen Markt führt für die Schweizer vor allem über eine Vertiefung der Kooperation, auch bei den Investitionen.
Aug 23, 2019 /
Mergers & Acquisitions at the Intersection of Digital and Global InteractionThe high demand for investments in digital business transformation is a driver of company focus, according to Markus Braun and Florian Graf.
Aug 19, 2019 /
China to base new lending benchmark on medium-term rates; shares rally on rate cut hopesChina’s announcement of key interest rate reforms over the weekend has fueled expectations of an imminent reduction in corporate borrowing costs in the struggling economy, boosting share prices on Monday.
Aug 16, 2019 /
Hong Kong protests: 'We don't want to leave but may have no choice'Hong Kong seemed an obvious place for co-founders Jamie Wilde and Taylor Host to set up their artificial intelligence start-up.
Aug 09, 2019 /
China producer prices fall for first time in three years, deflation worries resurfaceChina’s factory gate prices shrank for the first time in three years in July, stoking deflation worries and adding pressure on Beijing to deliver more stimulus as the economy sputters amid an intensifying trade war with the United States.
Jul 31, 2019 /
China’s New Retail is more than shoppingThese days, Chinese consumers aren’t as target-oriented and purpose-driven as they used to be when shopping in physical spaces. Since they can very quickly and easily find specific items while shopping online, they don’t go to stores with the same mindset except for grocery shopping. They care more about exploring physical locations at their leisure.
Jul 17, 2019 /
China pulls WTO suit over claim to be a market economyUne centaine d'entrepreneurs suisses et chinois se sont réunis à Genève à l'hôtel Richemond pour le rendez-vous annuel « BCGE Asian Desk », organisé en partenariat avec la Chambre de commerce Suisse-Chine, section romande. Objectif : échanger avec des spécialistes sur les opportunités, mais aussi les enjeux de leurs potentiels projets de développement.
Jun 18, 2019 /
Annual Economic Report: Hong Kong 2018Read here the Annual Economic Report: Hong Kong 2018 issued by the Consulate General of Switzerland in Hong Kong
Jun 17, 2019 /
China pulls WTO suit over claim to be a market economyGENEVA (Reuters) - China has halted a dispute at the World Trade Organization over its claim to be a market economy, a panel of three WTO adjudicators said on Monday, meaning Beijing must accept continued EU and U.S. “anti-dumping” levies on cheap Chinese goods.
Jun 17, 2019 /
Long-awaited London-Shanghai share listing project goes liveCompanies listed in Britain will be able to sell shares in China on Monday with the launch of a long-awaited London-Shanghai Stock Connect project that finance minister Philip Hammond called a chance to deepen “global connectivity”
Jun 16, 2019 /
The Long Game Is China’s Despite a Win for Hong Kong’s ProtestersA proposed extradition law is suspended but the city continues to be at risk from the mainland—and Singapore.
Jun 05, 2019 /
Explainer: U.S.-China trade war - the levers they can pullWASHINGTON (Reuters) - The escalating trade war between the United States and China has gone beyond tariffs as the countries increase pressure on each other to cede ground.
Jun 01, 2019 /
China 2019 Economic ReportRead here the China 2019 Economic Report issued by the Embassy of Switzerland in the People's Republic of China
May 30, 2019 /
China Puts U.S. Soy Buying on Hold as Tariff War EscalatesNation doesn’t plan to cancel previous purchases, people say Perdue has said China pledged to buy another 10 million tons
May 29, 2019 /
Huawei challenges U.S. defense bill as sanctions fight ramps upHONG KONG (Reuters) - China’s Huawei Technologies Co Ltd has filed a legal motion seeking to declare a U.S. defense law unconstitutional, in the telecom equipment maker’s latest bid to fight sanctions from Washington that threaten to push it out of global markets.
May 24, 2019 /
Huawei v the US: Trump risks a tech cold warCurbs on the Chinese company play into the trade war rhetoric. But American industry fears it has a lot to lose from the dispute
May 01, 2019 /
China tackles worries about Belt and Road debt as it notches a Swiss endorsementSwitzerland and China have signed a memorandum of understanding for cooperation on trade, investment and finance for projects in third countries along the routes of the Belt and Road Initiative.
Apr 23, 2019 /
Why Switzerland and China are courting each otherUeli Maurer, who holds the rotating Swiss presidency this year, has started a seven-day visit to China, where he will sign a memorandum of understanding focusing on finance and trade. What’s in it for both countries? And why are some eyebrows being raised in parliament?
Apr 17, 2019 /
China economy: First quarter growth beats expectations at 6.4%China's economy grew slightly faster than expected in the three months to March, official figures released Wednesday showed.
Apr 17, 2019 /
Amazon, facing entrenched rivals, says to shut China online storeSAN FRANCISCO/BEIJING/HONG KONG (Reuters) - Amazon.com Inc said it will shut its China online store by July 18, as the U.S. e-commerce giant focuses on the lucrative businesses of selling overseas goods and cloud services in the world’s most populous nation.
Apr 03, 2019 /
China Moves to Define ‘Belt and Road’ Projects for First TimeOfficials look to rebuild program’s image after criticism List to include projects backed by SOEs and private firms
Mar 26, 2019 /
ABB steuert zum ersten in China gebauten Kreuzfahrtschiff den Antrieb beiIm ersten chinesischen Kreuzfahrtschiff wird auch Technik von ABB stecken. Der Industrie- und Automationskonzern liefert das Antriebssystem samt Energieversorgung.
Mar 25, 2019 /
Nestlé investiert in seine Forschung in ChinaJahrelang ist es für den Nahrungsmittelkonzern Nestlé in China nicht rundgelaufen. Seit vergangenem Jahr zieht das Geschäft wieder an. Damit das Unternehmen die Wünsche der chinesischen Konsumenten besser versteht, investiert Nestlé in ein lokales Forschungszentrum.
Mar 17, 2019 /
US lobbies Switzerland to drop Chinese telecom giant HuaweiThe US has expressed concern over the use of Chinese technology in Switzerland, suggesting it may be used for espionage, reports the Sonntagszeitung newspaper.
Feb 20, 2019 /
Nestlé to highlight KitKat’s potential in China with TFWA Hainan sponsorshipNestlé International Travel Retail (NITR) will be sponsoring the second day’s coffee break at Tax Free World Association (TFWA) China’s Century Conference taking place in Hainan, from 5-7 March.
Feb 13, 2019 /
UBS Cuts Asia Bonus PoolThe Swiss bank's bonus pool in Asia for its investment bankers is said to be down on the year. The cut follows the UBS unit's loss-making quarter on a slump in equities.
Feb 08, 2019 /
SIG opens tech center in China for new product developmentSIG, a provider of aseptic packaging systems and solutions, has opened a new tech center for development and implementation of new product concepts and market-ready packaging solutions.
Feb 05, 2019 /
Six Luxury Watch Brands That Celebrate The Chinese New Year With Pig MotifsThe Chinese New Year -- the Year of the Pig – is upon us, and to celebrate certain top watchmakers have pulled out all the stops, creating watches with the likeness of some pretty cute pigs on them.
Jan 24, 2019 /
Swiss small businesses sound optimistic note for exportsSmall and medium-sized enterprises (SMEs) in Switzerland are optimistic about export business at the start of 2019, a new survey has found, with over half expecting foreign sales to grow during the year.
Jan 23, 2019 /
China, Switzerland vow to expand tiesIn a meeting on Monday with Ueli Maurer, president of the Swiss Confederation, visiting Vice-President Wang Qishan said that economic and trade relations between China and Switzerland have continued to deepen under the guidance of the nations' leaders.
Jan 21, 2019 /
Bei der neuen Seidenstrasse eng zusammenarbeitenChinas Vizepräsident Wang Qishan und der Bundespräsident Ueli Maurer setzen auf mehr wirtschaftlichen Austausch.
Jan 16, 2019 /
New CAS Program 2019/2020CAS Asian Business Law 2019/2020. In the autumn semester 2019, the University of Zurich is offering a new CAS in Asian Business Law. The course is taking place in the framework of the LL.M. program International Business Law.
Jan 10, 2019 /
Latecomer Breitling’s Bold and Speedy China ExpansionWhen Georges Kern assumed the role of chief executive officer at Breitling SA in mid-2017, tackling the booming Chinese market — a significant region where the brand had surprisingly low exposure — was a top priority.
Jan 03, 2019 /
Sergio Ermotti Sees Great PotentialSergio Ermotti remains convinced about the potential of China, where his bank recently increased its exposure. In an newspaper interview, the CEO of Switzerland's biggest bank also commented on political challenges facing his own country.
Jan 01, 2019 /
Renminbi-Hub Switzerland: Dashed Hopes?Since 2016, Switzerland has been a renminbi hub. That means: Since 2016, the Chinese currency can be traded across borders. There were high hopes linked to the establishment of the hub, as the Chinese currency renminbi was supposed to become a global currency in the foreseeable future.
Dec 17, 2018 /
China is sprucing up its pharma sectorDec 17, 2018 /
China 2018 Annual Economic ReportAgainst the backdrop of regulatory tightening, quarterly growth started to slow again from 6.8% YoY to 6.7% in Q2 and further to 6.5% in Q3 amid persisting trade uncertainties. Policy easing has made its way back, but regulatory tightening to mitigate environmental and financial risk will remain definite drags on growth.
Dec 13, 2018 /
EU, China urge appointment of WTO appellate body membersThe European Union (EU), China and other World Trade Organization (WTO) members on Wednesday delivered a joint statement, emphasizing the urgent need to unblock the appointment of WTO Appellate Body members. Those members voiced their deep concern that "continued vacancies in the Appellate Body present a risk to the WTO as a whole."
Dec 10, 2018 /
Nestle chief talks localization, strategy to develop the China marketFood and nutrition multinational Nestle has rolled out plans to provide tastier but healthier products worldwide, while upholding localization in China to meet the country's unique consumption habits.
Dec 01, 2018 /
China allows Switzerland’s UBS to control local securities businessUBS has been authorised by China's securities regulator to take a controlling stake in a local business, making the Swiss giant the first foreign bank allowed to do so under new rules.
Nov 01, 2018 /
Die neue SeidenstrasseDie chinesische Regierung hat mit der «Belt and Road Initiative» die Schaffung eines gewaltigen Handels- und Investitionsnetzwerks eingeleitet, das mehr als die Hälfte der Weltbevölkerung betreffen soll.
Oct 28, 2018 /
ABB to build world's most advanced robot plant in ShanghaiSwitzerland-based technology giant ABB announced one of its most ambitious expansions into China on Saturday. The company plans to build the world's most "advanced, automated, and flexible robotics factory" in the country's financial hub Shanghai, thepaper.cn reported.
Oct 26, 2018 /
Questioning of UBS financier in China rattles private bankingAsia’s fast-growing private banking sector has been shaken by the news that a UBS banker visiting China has been told by the authorities not to leave the country, casting a shadow over the opportunity presented by China’s large and expanding pool of billionaires.
Oct 24, 2018 /
Dr. Zhao traf sich mit dem Schindler-Kader Kurt HaerriAm 10. Oktober traf sich der chinesische Generalkonsul, Herr Dr. Zhao Qinghua, mit Herrn Kurt Haerri, dem Schindler-Manager und dem ehemaligen Präsidenten der Swiss Chinese Chamber of Commerce (SCCC).
Oct 23, 2018 /
Die Schweiz im Geschäft mit ChinaChina auf der Überholspur, und alle wollen davon profitieren - auch die Schweiz, deren drittwichtigster Handelspartner China ist. Worauf gründet Chinas Erfolg und wie soll unsere Wirtschaft damit umgehen?
Oct 18, 2018 /
Neue Kompetenzen sind gefragtGemäss Sonderegger werden in Zukunft ganz andere Kompetenzen gefragt sein als bisher. Nicht ein lückenloser Lebenslauf, sondern Sprachkenntnisse, das Verständnis für andere Kulturen, Flexibilität, Kreativität und soziale Geschicklichkeit dürften in den kommenden Jahren im Zentrum stehen.
Oct 17, 2018 /
WEF: China most competitive among BRICS' countriesOf the BRICS grouping of large emerging markets, China is the most competitive nation, followed by the Russian Federation, according to a report released recently.
Oct 15, 2018 /
How to Tap the World’s Largest E-Commerce MarketChina’s enormous e-commerce market is alluring for foreign companies seeking to target consumers directly. A new law to take effect in January 2019 may make it more attractive by eliminating some of the risks and uncertainties.
Oct 11, 2018 /
Swiss National Pavilion at the China International Import Expo looks forward to welcoming youOn behalf of the Swiss Confederation, the Swiss Business Hub China (SBH) of the Swiss Embassy in Beijing and Switzerland Global Enterprise (S-GE) will manage the Swiss National Pavilion at the upcoming China International Import Expo (CIIE) from 5-10 November 2018 in Shanghai.
Oct 11, 2018 /
Step into China’s future with UBS Asset ManagementIf beggars in China are accepting electronic payments instead of cash, then something must be going on in the global payment scene.
Oct 04, 2018 /
Interview with Dr. Thomas ChristCNN Money Switzerland interview with Dr. Thomas Christ
Oct 04, 2018 /
Future of world trade is small businesses, e-commerce: Jack Mahe Director General of the World Trade Organization Roberto Azevedo and Jack Ma, executive chairman of China's Alibaba Group both said Tuesday that technology should not be feared but rather harnessed to develop trade and society.
Oct 02, 2018 /
Novartis buys 9% stake in Chinese Kymriah manufacturing partnerNovartis has paid $40 million for a 9% stake in Cellular Biomedicine Group (CBMG), a Shanghai-based firm which will manufacture CAR-T cell therapy Kymriah for the China market.
Sep 24, 2018 /
China Licensing Deals so Horrible They are Hard to Believe: Is This a New Scam?In the past few months, our China lawyers have been seeing something new and troubling with China licensing agreements. Before I explain let me step back and give a bit of history. This post is important so please stay with me.
Sep 21, 2018 /
UBS cuts China GDP growth forecastUBS Group AG has cut its forecast for China’s GDP growth from 6.2 percent to 6 percent for next year after the US announced an extra 10 percent tariff on US$200 billion of Chinese goods.
Sep 20, 2018 /
Roche plans center in Pudong to boost medical R&DSwiss pharmaceutical giant Roche announced it will build an 863 million yuan ($125.87 million) innovation center in Shanghai's Pudong New Area.
Sep 18, 2018 /
China still the 'most attractive' among emerging markets: UBSChina stock markets have tumbled more than 20 percent this year, but the market reaction has been overblown, said Catherine Cai, chairman of UBS's Greater China investment banking arm.
Sep 17, 2018 /
China is sprucing up its pharma sectorThe changes are helping multinational drugmakers. In time they may boost the domestic industry.
Sep 17, 2018 /
Wenjiang draws attention at Sino-Swiss Low Carbon Cities meetingDuring the Sino Swiss Low Carbon Cities (SSLCC) project training meeting held in Chengdu from Sept 11 to 13, Wenjiang low carbon demonstration projects received recognition from Chinese and Swiss experts.
Sep 07, 2018 /
ABB appoints Zhiqiang Zhang as Managing Director of ABB in ChinaABB today announced that Zhiqiang Zhang has been appointed Managing Director of ABB in China.
Sep 06, 2018 /
Switzerland and China updating free trade agreementSwitzerland is seeking a new round of discussion on its free trade agreement with China and expects medicines to be included, Swiss Federal Councillor Johann N. Schneider-Ammann said during his visit to China.
Jul 05, 2018 /
Nestle Serves up Robots in Japan to Woo Chinese Customers"How about a coffee?" greets Pepper – the humanoid robot in Chinese, as tourists come to an open booth on the third floor of a commercial complex in Tokyo's historic downtown area.
Jul 01, 2018 /
THE BRIDGE - Summer 2018Read here the official quarterly magazine of SwissCham China
Jun 30, 2018 /
Foreign Ownership Timeline AnnouncedThe Chinese government said that foreign securities, futures and insurance companies will be allowed to have a majority stake in their Chinese joint ventures this year.
Jun 28, 2018 /
China's Sliding Yuan Is Bad News for These CompaniesChina’s sliding yuan is often talked up as a good thing for exporters – but many other companies are left vulnerable.
Jun 20, 2018 /
Clariant Starts up New Additives Production Facilities in ChinaClariant AG has opened two new additives facilities in Zhenjiang, China, the Muttenz, Switzerland-based chemicals company announced on June 20.
Jun 14, 2018 /
Macao 2017 Economic ReportThe pace of Macao’s economic growth accelerated significantly in 2017 after a steep contraction of 18% in 2015 and zero growth in 2016.
Jun 11, 2018 /
Swiss Asset Manager Pictet Buys into Chinese Video Game Maker Behind ‘Knives Out’, Sells Tencent StockThe video game pipeline at NetEase is expected to improve this year.
Jun 06, 2018 /
Politiker wollen Schweizer Firmen vor China schützenKurt Haerri, langjähriger Präsident und bis heute Vorstandsmitglied der schweizerisch-chinesischen Handelskammer, ist derweil der Ansicht, dass die Schweiz in gewissen Fällen genauer durchaus hinschauen sollte – nämlich dann, wenn ein Staat hinter einer Investition steht.
Jun 01, 2018 /
China 2018 Economic Report H1Following a period of stabilization, in 2017, the Chinese1 economy saw its first acceleration in annual GDP growth (+6.9% YoY, up 0.2 ppt from 2016) since 2010. As in the previous year, the tertiary sector (+8.0%, +0.2 ppt) led growth, followed by the secondary (+6.1%, unch) and primary industries (+3.9%, +0.6 ppt).
Jun 01, 2018 /
ABB Collaborates with Beiren to Drive Digital Transformation for China Printing Machinery IndustryABB signed a strategic cooperation framework agreement with Beiren Intelligent Equipment Technology Co., Ltd., the largest printing machinery manufacturer in China today.
May 21, 2018 /
Hong Kong 2017 Economic ReportRead here the Annual Economic report: Hong Kong 2017 issued by the Consulate General of Switzerland in Hong Kong.
May 20, 2018 /
China on the Way to be a Global InnovatorChina is fast transitioning from low cost manufacturing to a higher value, innovation-led economy. The present brief is derived from the recent book “Created in China” (*), released in Chinese in 2017. We first look at the metrics of innovation, and, then, the patterns followed by China, as it becomes a global innovator.
May 11, 2018 /
10 Years Later - A Success Story Created by the Swiss Community in ChinaAfter the devastating Sichuan earthquake in May 2008, the Swiss Community in China sought ways to support and help - one way was to build and establish a kindergarten in LongXing, Chengdu. Exactly ten years later, on May 11, 2018, a delegation of the Swiss-Chinese Chamber of Commerce (SCCC) and SwissCham China...
May 03, 2018 /
UBS Awaits Government Nod for 51% Stake in China Securities FirmUBS Group AG announced it is officially seeking a majority stake in its securities joint venture in China, after Beijing relaxed its control on foreign ownership of brokerages.
May 03, 2018 /
Impact of "Chinese Overcapacity" on Global Trade is Exaggerated, Study FindsThe concept of global excess capacity, commonly used to support the creation of trade defense against China, is imprecise and unsound as a justification for U.S. protectionism, a study by a Swiss-based trade watchdog said.
May 01, 2018 /
Banking Transactions in Switzerland and ChinaTraditional banking service providers in Switzeland are facing competition. Smartphone applications open up new possibilities. Will we pay our bills, open an account, or take out a loan directly with a smartphone app in future?
Apr 23, 2018 /
Syngenta, DJI plant seeds for agricultural drone partnershipThe world’s largest consumer drone-maker, DJI Technology Co. Ltd., has teamed up with Syngenta AG to secure a foothold in China’s booming agricultural drone market.
Apr 19, 2018 /
Welcome Beilun Wei!Beilun Wei ist der neue General Manager der Wirtschaftskammer Schweiz-China
Apr 13, 2018 /
WISeKey and China Bridge Capital Announce Agreement to Establish a Joint VentureWISeKey, a Swiss cybersecurity and IoT company and China Bridge Capital International, have reached an agreement to form a Joint Venture for the creation of a new company.
Apr 03, 2018 /
China, Switzerland Vow to Further Innovative Strategic PartnershipThe pledge was made between Chinese State Councilor and Foreign Minister, and Swiss Federal Councillor and Foreign Minister when they held the foreign ministerial strategic talks.
Apr 01, 2018 /
THE BRIDGE - Spring 2018Read here the official quarterly magazine of SwissCham China
Mar 29, 2018 /
Beijing Announces Tax Cuts for 400 Billion YuanTaxes will be reduced from 17% to 16% in the manufacturing sector; in the transport, construction, telecommunications and agricultural sectors, will be lowered from 11% to 10%.
Mar 25, 2018 /
Chinesen würden die Schweiz nie mit Schweden verwechselnDie Veranstaltung «Aufbruch nach China» im Hotel «Seedamm Plaza» stiess auf grosses Interesse bei der Schwyzer Wirtschaft. Referenten und Mitglieder der schweizerisch-chinesischen Wirtschaftskammer lieferten viele spannende Informationen.
Mar 23, 2018 /
Credit Suisse Promotes for ChinaCredit Suisse is promoting an investment banker to co-head its trading business in China. The promotion underscores its commitment to China, both for onshore as well as offshore banking.
Mar 23, 2018 /
Didi Enters into New Electric Car Joint VentureChinese taxi app Didi Chuxing is entering into a deal with electric-car startup Beijing Chehejia Information Technology, in an attempt to bring new energy vehicles into the ride-sharing industry.
Mar 15, 2018 /
Glencore and GEM Agree on Massive Cobalt DealSwiss-based metal miner Glencore Plc. has signed a deal to sell 52,800 tonnes of cobalt hydroxide, around one third of its entire production, to Chinese battery recycle GEM Co. Ltd.
Mar 09, 2018 /
China Banks to Open Further Swiss Branches?The representatives of the French-speaking financial markets in Switzerland now hope to convince the managers in China to set foot in the traditional home of private banking as well.
Mar 05, 2018 /
Swiss Chinese Enterprise and the SCCC are bundling their areas of expertiseAs of 1 March, 2018, the Swiss Chinese Enterprise (SCE) is integrated into the Swiss-Chinese Chamber of Commerce (SCCC) to provide its members and partners with a greater range of services.
Feb 28, 2018 /
Over 1,000 Exhibitors Sign Up for China Import ExpoMore than 1,000 companies from over 120 countries and regions have signed up to attend the China International Import Expo to be held in Shanghai in November.
Feb 16, 2018 /
Switzerland Lays Out Guidelines in Support of ICOsSwitzerland published initial coin offering (ICO) guidelines that reveal the regulator will oversee the fundraisers and regulate them either under anti-money laundering laws, and as securities.
Feb 14, 2018 /
Swiss Business Leaders Optimistic for More Sales to China in 2018Swiss businesses in China reported optimistically on their prospects for the coming year after a record export year from the alpine country in 2017.
Feb 13, 2018 /
Apple and Android are Destroying the Swiss Watch IndustryIn Q4 2017 – essentially during the last holiday season – market research firm Canalys found that more people bought Apple watches than Swiss watches.
Feb 01, 2018 /
China is a 'Big Focus' for RocheThe Swiss healthcare company Roche sees growing opportunities in China and has plans to increase its presence in the Asian market.
Jan 29, 2018 /
Swiss Davos to Launch Alipay for Chinese VisitorsAnt Financial Services Group announced that Alipay is soon to be made available to most local businesses in the Swiss town of Davos, thanks to a partnership with Six Payment Services.
Jan 24, 2018 /
China, Switzerland Pledge to Further Boost Bilateral RelationsChina and Switzerland pledged to further promote bilateral relations, at a meeting here between senior officials of the two countries.
Jan 23, 2018 /
China's Hong Kong Strengthens Financial Cooperation with SwitzerlandThe authorities and private sector representatives from China's Hong Kong Special Administrative Region signed three Memorandums of Understanding with Switzerland.
Jan 11, 2018 /
Chinese Bitcoin Mining Giant Sets up Swiss HubOne of the world’s largest bitcoin miners is setting up a hub for European operations in Switzerland.
Jan 04, 2018 /
China Offers 10-year Free Visa to Top TalentChina has started rolling out its new fast-track, long-stay visas for “high-end talent”, to encourage specialists such as top scientists and businesspeople to live and work in China.
Jan 04, 2018 /
Yixing purple clay teapots to shine in SwitzerlandThe Olympic themed purple clay teapots exhibition is set to take place in Switzerland's Olympic Museum in March this year.
Jan 01, 2018 /
"Fictitious self-employment" in SwitzerlandSupposedly self-employed service providers in Switzerland are often in fact so-called "fictitiously self-employed persons". But when is there an employment relationship or respectively fictitious self-employment?
Jan 01, 2018 /
Sino Swiss FTA SurveyWith the support of the Embassy of Switzerland in China, the Consulate General of Switzerland in Shanghai, the Swiss Business Hub, the Swiss Center Shanghai and the three different liaison offices of SwissCham China, a survey was set up to gain insights into how well the FTA works and gauge Swiss companies’ satisfaction with it in China. Close to a hundred participants from various sectors completed the FTA survey and shared their thoughts and experiences, as well as their ‘practical’ knowledge after one year and a half making use of the FTA.
Dec 29, 2017 /
HNA Completes Deal to Acquire Glencore AssetsHNA Innovation Finance Group, has completed the acquisition of part of Glencore’s assets in a long-expected deal which would help expand the Chinese leading conglomerate’s footprint.
Dec 29, 2017 /
Nestle to Sell Dairy Factory in HulunbuirSwitzerland-based Nestle SA, the world's largest food and beverage company, is planning to sell one of its dairy factories in China to a third party.
Dec 21, 2017 /
China-Switzerland Year of Tourism 2017Presently China is the fourth-most important foreign market for Swiss tourism, after the USA, the UK and Germany.
Dec 01, 2017 /
THE BRIDGE - Winter 2017Read here the official quarterly magazine of SwissCham China
Oct 01, 2017 /
THE BRIDGE - Autumn 2017Read here the official quarterly magazine of SwissCham China
Oct 01, 2017 /
China Legal Briefing* 263CHINA LEGAL BRIEFING is a regularly issued collection of Chinese law related news gathered from various media and news services, edited by WENFEI ATTORNEYS-AT-LAW LTD. distributed to its clients and CHINA LEGAL BRIEFING subscribers.
Sep 01, 2017 /
Amendments to Statute of Limitation in the New Civil LawThe Fifth Session of the 12th National People's Congress adopted the "General Provisions of Civil Law of the People's Republic of China" (hereinafter “new Civil Law”) on March 15, 2017. The law is considered a milestone in the history of Chinese civil law legislation. The introduction of new Civil Law is the first step to compile a comprehensive Chinese Civil Code.
Sep 01, 2017 /
Making Things More Uncomplicated: The New Social Security Agreement between China and SwitzerlandWhen it comes to international social security matters, many entrepreneurs and HR departments throw their hands up in horror of the bureaucracy they are going to face when dealing with these issues.
Jul 01, 2017 /
R&D collaboration in SwitzerlandThis article provides an insight into the research and development (R&D) collaboration environment in Switzerland and the specifics of the related Swiss law.
Jul 01, 2017 /
THE BRIDGE - Summer 2017Read here the official quarterly magazine of SwissCham China
Jun 01, 2017 /
China 2017 Economic ReportChina is undergoing a major economic transformation from export-led growth to a model increasingly driven by consumption and services. Structural reforms launched in 2015 as well as the 13th Five-Year Plan point to an increased emphasis on innovation, improved resource allocation, manufacturing, IT, services as well as low-carbon growth.
May 01, 2017 /
Trade, Investment and M&A in Switzerland – Key Factors for Chinese EnterprisesSwitzerland has become a major jurisdiction for Chinese enterprises that are looking for Direct Investments in Europe, establishing European Headquarters and R&D-Centers, and acquiring European high-class know-how.
Apr 01, 2017 /
THE BRIDGE - Spring 2017Read here the official quarterly magazine of SwissCham China
Dec 01, 2016 /
THE BRIDGE - Winter 2016Read here the official quarterly magazine of SwissCham China
Oct 01, 2016 /
THE BRIDGE - Autumn 2016Read here the official quarterly magazine of SwissCham China
Sep 28, 2016 /
CEO Susan Horváth leaves the SCCC to pursue other interestsThe dedicated longtime CEO of the Swiss-Chinese Chamber of Commerce (SCCC), Susan Horváth, has decided to leave the Chamber to pursue other interests.
Jul 01, 2016 /
THE BRIDGE - Summer 2016Read here the official quarterly magazine of SwissCham China
Apr 01, 2016 /
THE BRIDGE - Spring 2016Read here the official quarterly magazine of SwissCham China
Dec 01, 2015 /
THE BRIDGE - Winter 2015Read here the official quarterly magazine of SwissCham China
Oct 01, 2015 /
THE BRIDGE - Autumn 2015Read here the official quarterly magazine of SwissCham China
Jul 01, 2015 /
THE BRIDGE - Summer 2015Read here the official quarterly magazine of SwissCham China
Jun 01, 2015 /
Economic Report: China - June 2015China’s economy expanded by 7.4% in 2014 and thus just missed the government’s growth target of 7.5%. While the growth rate remains high as such, it was the lowest China has seen in 24 years. Although the lower growth is partly due to a cyclical cool-down, it is also the result of a more structural change of China’s economy. President Xi Jinping described this economic pattern as the ‘New Normal’.
Apr 01, 2015 /
THE BRIDGE - Spring 2015Read here the official quarterly magazine of SwissCham China
Nov 01, 2014 /
Economic Report: China - November 2014After decades of rapid growth based on an economic model driven largely by exports and investments, China intends to more evenly share the benefits of its expansion among the population in the long run, filling the wealth gap created by rampant urbanization between rural and urban areas, raising living standards for the masses and lowering poverty and disparity within China.
Dec 01, 2011 /
Economic report: China - December 2011Late fall 2011 has seen growing concerns about the risk of a hard landing in China, probably stirred by the news of declining housing prices in a growing number of cities, the default of many small- and medium-sized enterprises and financial difficulties experienced by local government funding platforms.