China’s self-sufficiency ambitions, changes in local consumer tastes, and increase in local competencies will change how the Chinese government sees the utility and the replaceability of foreign companies in the market
By Redaktion Table
China is the world's largest Internet market. But it remains closed to many western providers. In recent months, more apps and online service providers have shut down. Censorship, new laws and regulations, and high costs are believed to be the cause.
By Nico Beckert
Covid lockdowns and the war in Ukraine are weighing on the bottom lines of European companies in China. The mood is rapidly slipping. Some companies are already asking themselves how much they should still rely on China in the future. Therefore, the EU Chamber of Commerce is urgently calling on the Chinese authorities to change their zero-Covid strategy and finally reopen the country's borders.
By Redaktion Table
To secure its energy supply, China builds new coal-fired power plants and massively expands coal production. Yet China claims to be climate-friendly. This is because the power plants are to be used as flexible backups for renewable energies. But even if the power plants are only operated temporarily, China's dependence on coal jeopardizes the Paris climate targets.
By Nico Beckert
