Because Evergrande and other Chinese real estate developers are fighting for their future, the rating agency Fitch is predicting a sharp drop in prices on China's housing market. But will Beijing really let it get that far?
By Redaktion Table
Compared to other bond markets, China’s default rate is astonishingly low. This is largely caused by the government’s implicit promise to bail out SOEs that are in trouble, creating a typical “moral hazard” situation. Recent SOE defaults, however, show that China’s financial regulators are trying to move more strictly against this “moral hazard”. But their task is difficult: Other political goals, like employment and social stability, still often restrain financial regulators from allowing SOEs to fail.
By Redaktion Table
Chinese logistics giant Meituan is already planning to regularly rely on drones for their food deliveries this year. These mini air freighters are already soaring the skies of the tech metropolis Shenzhen. They deliver meals to food stations that resemble large vending machines. For now, however, they are only intended to supplement the driver fleet.
By Frank Sieren
After three difficult years, China's car market is growing again. However, in an interview with China.Table, industry expert Stefan Bratzel from CAM warns German automakers not to focus too much on China. While it is true that demand for EVs, in particular, is on the rise there, but German carmakers are barely benefiting from this. Chip shortages, supply bottlenecks, and homemade problems are putting them under pressure. And now the Chinese competition is also venturing into Europe. Felix Lee spoke with Bratzel.
By Felix Lee