Because their apartments are not being completed, tens of thousands of buyers threaten to stop paying their mortgages. The government is on high alert. Will the real estate crisis escalate?
By Jörn Petring
The Chinese leadership has long seen data as a strategic resource and has declared it a “factor of production” in 2020. This frames data protection and cross-border data transfer in an explicit national security light. The lack of clarity of rules has been a major concern to MNC’s globally integrated IT systems. The release of recently published regulations sheds some light on requirements for cross-border data transfer.
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The automotive industry will still be suffering under the chip shortage in 2024. This is the conclusion of a study by management consultants AlixPartners. One solution could be investments along the value chain. But there is no guarantee of success there either.
By Christian Domke Seidel
The Chinese central government is warning the new government not to underestimate political dissent in Hong Kong. The movement is not dead. The city is reforming its education system in an effort to clamp down on the democratic opposition in the long term. In the future, civics will be an exam subject, in which the importance of national security will become a central part of the curriculum.
By Marcel Grzanna
