China's authorities warn of a poor harvest. Extreme weather resulting from climate change has hit agriculture. However, the People's Republic has built up large stockpiles. Under certain circumstances, the country could even release supplies to aid poorer countries. However, the country's own supply clearly has priority.
By Nico Beckert
US aircraft manufacturer Boeing has been struggling with problems in the People's Republic for some time because its new 737 Max is still not permitted to operate there. The crash of the 737-800 now makes matters even worse.
By Redaktion Table
Putin's war is driving American, European and Chinese chip production into a dangerous bottleneck: Ukraine supplies about half of the world's neon. Even in China, the second-largest producer of neon, prices have risen 900 percent since the start of the war. Putin is now able to negotiate with the West: cutting-edge chips in exchange for neon.
By Frank Sieren
Faced with a challenging demographic trajectory and a fast-aging population, reforming China’s pension system is of crucial importance for China’s government. In parallel to improving the coverage and level of the public pension system in times of tightening fiscal budgets, China also aims to develop an active and sizeable private pension market. The government attempts to catalyze this through tax exemption and policy support to encourage financial product innovation. A functioning three-pillar pension mix is sought to boost consumption in the long term and also offers opportunities for foreign companies to participate in the “sliver-hair” economy.
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