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With the takeover of the Beijing real estate group Soho China, the US private equity company Blackstone has made its largest real estate deal in China to date. The takeover cost a good $3 billion. This is already the third billion-dollar deal with China in just a few months. Other large financial companies are also expanding in China.
By Frank Sieren
Anyone who wants to process data of European citizens in China or data from China abroad will have to be even more careful in the future. Otherwise, they could face severe penalties. Two new laws seem to make China more like the EU – but the situation is now even more complicated for companies.
By Falk Steiner
German companies are hoping that China will finally relax its strict entry restrictions. But Beijing continues to keep quiet about when it will revise visa rules and quarantine. The less effective Chinese vaccines are likely delaying a decision further.
By Redaktion Table