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China (English)

Feature

'Common prosperity' – China's plans for redistribution

"Common prosperity" is currently the main slogan of China's President Xi Jinping. Curbing inequality could significantly shape the country's policies in the coming years. But is Beijing really aiming for a major societal shift? Or are the many speeches about "common prosperity" more an expression of a new populism?

By Nico Beckert

Feature

Replacement of China boss: VW struggles with own ambitions

Stephan Woellenstein is probably about to be replaced as Head of Volkswagen Group China. He apparently failed due to bad timing, unrealistic demands by the company and a difficult market. China's press also took note of sale difficulties at VW.

By Redaktion Table