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Summit: How Xi Jinping ensnares Africa

At the start of the China-Africa Cooperation Forum, Chinese state media celebrate Xi Jinping as a "true friend of Africa". He himself calls for intensive cooperation, particularly in the extraction of raw materials and the expansion of infrastructure, and promises further loans.

By Felix Lee

mercedes
News

EVs: Mercedes invests €1.8 billion

No sign of de-risking: Mercedes-Benz is planning a €1.8 billion investment in China for the development of further EVs.

By Felix Lee

August 23, 2023, Johannesburg, Gauteng, South Africa: Indian Prime Minister Narendra Modi, left, speaks during a bilateral meeting with South African President Cyril Ramaphosa, left, and delegation on the sidelines of the 15th BRICS Summit, August 23, 2023 in Johannesburg, South Africa. Johannesburg South Africa - ZUMAp138 20230823_zaa_p138_022 Copyright: 

Bild: Imago / Naveen Jora
News

Signal to Putin: Why Xi is traveling to Russia again

China's President Xi Jinping is considering attending the Brics summit in Russia. Observers see the possible trip as a signal that relations between Beijing and Moscow remain close.

By Felix Lee

Feature

Luxury market: Why the big bet on China could be lost

China was a paradise for European luxury manufacturers. In the economic downturn, however, many Chinese are losing their appetite for expensive purchases. When they do buy, they prefer to do so on the gray market. Everyone is talking about the online platform Dewu.

By Jörn Petring

Der türkische Präsident Recep Tayyip Erdogan spricht während einer Pressekonferenz mit dem österreichischen Bundeskanzler Karl Nehammer nach ihrem Treffen in Ankara, Türkei, 10. Oktober 2023. Nehammer hält sich zu einem zweitägigen offiziellen Besuch in der Türkei auf.
News

Formal application: Turkey wants to join BRICS

Brics+ could gain a new important member. Insiders say that Turkey has applied to join. It would be the first NATO member in the bloc of major emerging economies.

By Christiane Kuehl

News

Stock swap: Why two state-owned shipyards merge

Two listed shipbuilders want to merge to supply the military more efficiently and follow Beijing's major state strategy. Both are already subsidiaries of a state-owned shipbuilding conglomerate.

By Christiane Kuehl