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Sinolytics Radar

China wants to break dollar dominance

Following the sanctioning of Russia by exclusion from SWIFT, heated discussions emerged in China about accelerating the build-up of an alternative international payment system based on RMB. Actually, China has made significant progress in ramping up its Cross-border Interbank Payment System (CIPS) since 2015. However, the prospects of CIPS largely depend on the pace of China’s capital account opening and China’s investment attractiveness for foreign institutions in the long run.​

By

China Lebensmittelversorgung
Feature

China's fragile food supply

Russia's invasion of Ukraine has driven up food prices. Famine could soon loom in some regions of the world. China is also concerned about food supplies. Climate change is threatening harvests. And most recently, yields in the country have also been lower due to ozone pollution of crops.

By Ning Wang

Das FAW-Volkswagen-Werk in Changchun bleibt in den kommenden Tagen geschlossen.
Feature

Covid outbreaks: VW has to stop production

Both Volkswagen and Apple supplier Foxconn were forced to halt parts of their production in China for several days. The Corona situation is tenser than it has been since the Wuhan outbreak.

By Redaktion Table