China's outbound direct investment grew steadily in 2021 despite Covid and political tensions. However, the targets have changed: China is no longer buying up existing companies. It now focuses on developing its own sites. In addition, less politically sensitive sectors such as consumer goods, entertainment and services are attracting ongoing interest from Chinese investors.
By Frank Sieren
Tennis player Peng Shuai has met IOC President Thomas Bach and gave her first official interview since she publicly accused a high-ranking Chinese cadre of sexual assault. However, the events do not shed light on the matter. Instead of letting her speak freely, the Communist Party controls her every word. Critics believe that she was pressured to retract her allegations.
By Marcel Grzanna
China wants to shine at the Olympic Games – organizationally, but of course also athletically. Winning medals is on the agenda. To make this happen, Michael Brunner has been hired for the task. The former World Cup skier was supposed to find alpine medal contenders in China and whip them into Olympic shape: In today's interview, Michael Radunski speaks with Brunner about how elegant dancers are transformed into fast skiers and how China's officials ensure that their muscles are sore in the morning.
By Michael Radunski
This week at the Winter Games, American-born Eileen Gu, two figure skaters, and a dozen or so Canadian and American ice hockey players will compete for China for the first time. Gu could take the first gold for China on Tuesday in the big air discipline. Just before the Olympics began, however, a debate erupted over her citizenship. Have Gu and the others been allowed to keep their old passports? Dual citizenship does not exist in China.
By Christiane Kuehl