All Articles

China (English)

6024
Opinion

Why is China's growth rate falling so fast?

Although China’s economy remains on track to post strong growth for 2021 as a whole, its recent deceleration is striking. Reversing the slowdown will require policymakers to reform the ways in which they debate, vet, and implement new regulations and pandemic-control measures.

By Redaktion Table

Feature

Market prospect EVs

Cars are responsible for a significant portion of CO2 emissions in China, Europe, and the US. New figures show that the market for EVs is growing rapidly. But the growth is not yet enough to meet the sector's climate targets. And while Europe is betting heavily on plug-in hybrids, China sells mostly pure EVs and dominates the market in e-buses. But the climate problem remains.

By Nico Beckert

Patrick Chou, CEO Verkauf von Luxus-Autos
Feature

"We live in golden times"

Patrick Chou, 52, has been selling luxury cars in China since 1998. From Bentleys to Porsches, he fulfills all the four-wheeled desires of the super-rich. Chou is convinced that European providers will continue to dominate the market for a long time. In the interview, he explains why many young people are also among his customers and why he is able to collect so much data on his customers in China. Frank Sieren conducted the interview.

By Frank Sieren