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The CEOs of the leading investment banks will meet in Hong Kong for the first time since the pandemic. The meeting is considered a commitment to the world's third-largest financial center of 2021. Nevertheless, many things have gone awry there: The stock market is dragging its feet and there is no progress on opening up the Chinese market. The bankers will have clear words for Hong Kong's Chief Executive John Lee.
By Frank Sieren
Chinese intellectuals, dissidents and celebrities from all over the world, 186 in number, have signed an open letter to Olaf Scholz. In it, they ask the chancellor to cancel his trip to Beijing planned for Thursday. China under President Xi Jinping has developed into a Nazi-style dictatorship, they say. In addition to dozens of exiles, many Chinese from the People's Republic also support the initiative by name. Regardless of the risk of potential government repression, they wish to take up their social responsibility, the authors stated. China.Table publishes the letter exclusively.
By Experts Table.Briefings
The partial sale of the Hamburg port terminal marked a tipping point in the perception of China by the German public. Concerns about growing dependence now reached segments of the population for whom Beijing's industrial policy previously meant nothing more than boring news in the business section. Olaf Scholz also takes this baggage with him on his first trip to China as German Chancellor.
By Marcel Grzanna
Chinese acquisitions of German companies need to be handled far more restrictively in the future. After all, China exploits all international relations for its greatest benefit. So if the German chancellor is already traveling to China at this time, the talks must also address global political issues beyond trade matters.
By Experts Table.Briefings
Chancellor Olaf Scholz is under domestic political pressure over his approval of the Cosco deal in Hamburg. On a visit to Beijing, on the other hand, he has considerable room for maneuver. Here, his support for Cosco will actually be to his advantage. After all, in the run-up to the G20 summit, Scholz is dependent on cooperation with Beijing to make progress on major issues such as climate protection and ending the war in Ukraine.
By Frank Sieren