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Supply chains were far from back on track when Omicron began to spread around the globe. This could lead to factory and port closures in China, resulting in another bottleneck of goods and parts in Germany. Economist Wan-Hsin Liu from IfW Kiel spoke with Finn Mayer-Kuckuk about the possible ramifications.
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The 2008 Olympic Games were not just the cheerful celebration that they are often glorified as today. The critical stance of Western politicians and media left a sense of disappointment in China at the time. This sentiment contributed to a shift in Beijing's attitude toward the world. This year, the feeling of mutual disappointment is about to repeat itself.
By Redaktion Table
A trade war with the USA, competition from electronics companies, a knowledge gap, the goal of climate neutrality – and the Covid crisis hovering over everything. The semiconductor shortage cannot be quickly resolved for China's automotive industry. Shanghai is trying anyway – with generous subsidies.
By Christian Domke Seidel
In order to achieve carbon neutrality by 2060, China needs to adopt a rapid decarbonization strategy including a massive expansion of renewable energy (RE). According to projections by the International Energy Agency (IEA), China’s RE share of total power generation can reach 80% by 2060, if sufficient measures are implemented. To turn this projection into reality, China’s government is pushing decarbonization efforts, ranging from expansion of installed RE capacity to promotion of corporate-level green energy purchasing.
By Redaktion Table
The brand Anta is almost completely unknown abroad. But the Chinese sporting goods manufacturer could soon push its Western competitors from the top in its domestic market. And cotton from Xinjiang, of all places, is playing a role. And, of course, the Winter Games in Beijing.
By Redaktion Table