Due to the COVID-19 pandemic and its travel restrictions, international schools in China are experiencing a boom. Foreign schools are still seen as a stepping stone to later enroll in a prestigious Western university. In the long term, however, Beijing wants to make its education sector less dependent on foreign countries.
By Frank Sieren
The US electric car pioneer Tesla seemed to be the darling of Chinese authorities for a long time. But after a number of mishaps, the company is now being scolded by the media and lectured by regulators. The message is clear: China first. Anyone who wants to earn money in the People's Republic should treat Chinese consumers like royalty. A lesson for foreign investors.
By Marcel Grzanna
