China plans to accelerate its emissions trading system reforms and introduce CO2 caps for select industrial sectors starting in 2027. Until now, the ETS has remained largely ineffective due to the lack of such caps. However, the government is leaving itself an escape hatch.
By Nico Beckert
China’s domestic consumption has recently seen a surprisingly strong upswing. Amid escalating tariff tensions with the United States, this surge is a welcome boost for the Chinese economy. But without structural reforms, the current buying spree may fizzle out just as quickly as it began.
By Jörn Petring
A new war in the Middle East and a destructive tariff conflict: This double blow is hitting an already fragile global economy with full force. Even if a temporary ceasefire seems possible, the prospects for a global recession have worsened significantly.
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Tightened regulations now even prohibit private drinking parties for Chinese civil servants. The directive is intended to further reduce the public sector's vulnerability to corruption. But resistance is growing against the deep intrusion into privacy.
By Redaktion Table
One name was conspicuously absent at the NATO summit in The Hague: China. Three years after its historic inclusion in the strategic concept, the People's Republic is no longer mentioned in the final document. And yet, recent surveys show that the European population indeed sees the relevance of security policy in the Indo-Pacific.
By Amelie Richter
The general population can hardly afford the lifestyle that Western companies sell in China. Chinese companies, such as the beverage chain Mixue, focus on low prices instead and are overtaking the competition.
By Fabian Peltsch
Western politicians have become extremely rare guests at the Summer Davos in Tianjin. Beijing uses the meeting all the more eagerly as a stage for its own version of globalization under China's wing.
By Marcel Grzanna
More control by the party, fewer free market forces: In the preparations for the new five-year plan, China's President Xi Jinping sends clear signals about the country's future economic course, likely causing great concern among proponents of liberalization.
By Andreas Landwehr
German suppliers must find a new role in the face of massively subsidized Chinese competitors. A partnership on an equal footing with car manufacturers would be a significant signal. But the learning curve is steep.
By Christian Domke Seidel
The BRICS+ alliance is meeting for the first time since its enlargement to six countries. Its rise is fueled by the United States' loss of political and economic credibility under the presidency of Donald Trump. This makes a multipolar world order more likely. However, there are also significant tensions within the alliance.
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