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China (English)

China increases focus on environmental protection and occupational safety

In past years, Chinese governmental authorities have improved the enforcement and implementation of laws and regulations in several areas, creating a more effective and, from the firms’ perspective, more challenging regulatory environment for both domestic and Foreign Invested Businesses. Sinolytics’ analysis of administrative penalties in six selected regulatory areas from 2017 to 2022 (year to date) identifies production safety and environmental protection as the two areas with the largest and quickly growing number of administrative penalties. This also reflects the resources the government allocates for compliance inspection and enforcement in these two particular fields.

By

BYD

BYD aims for Germany

The Chinese EV manufacturer BYD also wants to gain a foothold in Europe. This fall, the brand's cars are to be sold in Germany for the first time. This marks a slow revolution in the domestic market of several premium brands.

By Christian Domke Seidel

Criticism of Pelosi visit

Nancy Pelosi did not only receive approval for her Taiwan visit. There was criticism, especially from Asia, but also from other parts of the world. The accusation was that the speaker of the US House of Representatives had shaken geopolitical stability out of self-interest. Partly because nationalism is on the rise in China, Beijing could feel compelled to make amends for letting Pelosi have her way.

By Frank Sieren

'Less China, more USA'

Decoupling the EU and Germany from China in the wake of geopolitical disputes would cost the German economy almost six times as much as Brexit, according to an ifo study commissioned by the Bavarian Industry Association (vbw). De-globalization is making us poorer, says study author Florian Dorn. But there are ways to significantly cushion the losses. Felix Lee spoke with the Ifo economist.

By Felix Lee