Two years after its gradual introduction, the social credit system for companies in China continues to pose a long list of concerns and inconsistencies for German companies. This was the verdict of an event on Thursday morning in the Global China Conversations series of the Kiel Institute for the World Economy (IfW).
By Marcel Grzanna
The German government has prohibited the takeover of a German manufacturer of respiratory equipment by the Beijing-based company Aeonmed. The problem: The merger has already been completed and filled with life for the past three years. The Chinese side has already invested heavily and pushed new projects.
By Finn Mayer-Kuckuk
China is the world's largest steel producer. The sector is one of the biggest climate offenders in the People's Republic. To achieve its climate goals, China focuses on recycling steel scrap.
By Ning Wang
In the 1950s, the cars of Bremen-based engineer Carl F.W. Borgward were a symbol of the German economic miracle. There was great enthusiasm in 2015 when the Chinese company Foton acquired the brand and announced a new beginning. This dream has now died with the company's bankruptcy.
By Felix Lee