News
Beijing has done a lot to clean up its financial sector in recent years. But authorities admit that there is still a lot to be done, especially at regional banks. The failed payment to private customers in Henan could be the beginning of further deterioration.
By Redaktion Table
China’s State Council, led by Premier Li Keqiang, issued large-size economic stimulus programs in May to absorb some of the economic damage caused by Covid-related restrictions. However, it is becoming increasingly clear that achieving the desired economic growth while continuing current Covid policies will be impossible.
By
German imports of raw materials from the People's Republic have not declined – despite appeals to reduce dependencies. It is difficult to turn away as long as prices are low and trade relations are reliable. Comparisons with Russian gas come to mind.
By Nico Beckert
