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China (English)

Opinion

The Globalization of the EV Revolution

The market for electric vehicles is developing far more dynamically than could have been expected years ago. Countries that fail to recognize the trend now and convert their economies will face high subsequent costs in the future, believe former International Monetary Fund Vice President Min Zhu and economists Fuad Hasanov and Reda Cherif . The trio of state-affiliated economists believe: market forces in emerging markets will drivethe electric revolution much faster than the stolid players in established industrialized countries have so far expected.

By Redaktion Table

General

"996" declared illegal - China's labour law in flux

The Chinese judiciary and government are currently driving the development of Chinese labour law decisively forward. In doing so, they are responding to high levels of dissatisfaction among many workers and day laborers who suffer from unregulated working hours. In doing so, however, they are depriving numerous digital companies of the basis for their business: these had relied on the availability of cheap, flexible labour to be able to offer their services quickly and cheaply at a high profit.

By Redaktion Table