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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

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