Many economists care more about China’s per capita GDP, or income per person, than the aggregate measure. The key takeaway is that China remains a poor country, despite its phenomenal headline economic growth over the past four decades.
By Redaktion Table
India is currently suffering more than any other country from the COVID-19 pandemic. China is offering help in this humanitarian catastrophe and wants to position itself as an alternative to the US. However, a tasteless tweet shows the state of relations between the two arch-rivals – even during COVID-19.
By Michael Radunski
After years of ignorance, US manufacturer Tesla now urgently needs to improve its relations with the Chinese state – after all, it has an image disaster on its hands. The company is hiring additional employees, especially for this purpose. Warnings and protests from state media, authorities and customers have left their mark on the self-confident company in recent weeks. The change of heart is now intended to save its market share.
By Marcel Grzanna