Concerns about the economy have grown increasingly acute, which is why China's central bank is moderately cutting interest rates. However, experts consider the move largely symbolic, because the economy does not lack capital. Its target group was probably not so much the banks as the public.
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Rising infrastructure spending is supposed to help China's weak growth get back on its feet. However, unlike the situation after the financial crisis in 2008, money is not being poured into roads, railways and airports, but into new power grids, cloud computing, 5G and Big Data.
By Redaktion Table
Samuel Chu is one of the last activists of the Hong Kong democracy movement with direct political influence. In the US Congress, his political work has even been so successful that Hong Kong authorities issued an arrest warrant against him based on the National Security Act – the first one ever issued against a US citizen. Chu's new goal: Bringing the Tiananmen artwork "Pillar Of Shame" to Berlin and committing the protest movement to long-term strategies. Fabian Peltsch spoke with Samuel Chu.
By Fabian Peltsch
