After a bitter inheritance dispute over the legacy of one of the richest Chinese, Zong Fuli, the daughter who was long considered the sole heir, has unexpectedly resigned. The case casts a gloomy picture of China’s business elite and shows what lies behind the image of patriotic entrepreneurs.
By Ning Wang
Despite rising geopolitical tensions and escalating trade wars, the global dominance of the US dollar is unlikely to wane in the short term. This makes the Asian economies vulnerable to dollar shocks and underlines the need for greater regional cooperation and stronger financial safety nets.
By Hiro Ito and Yasuto Watanabe
With a series of new export controls for rare earths, China is playing one of its strongest cards ahead of further trade talks with the USA. European companies are also threatened with high economic damage.
By Leonardo Pape, Amelie Richter and Julia Fiedler
Africa will once again play a central role at the second Global Gateway Forum in Brussels, which runs until Friday. Every second euro to be spent as part of the initiative will go to the continent.
By Arne Schütte
With a series of new export controls for rare earths, China is playing one of its strongest cards ahead of further trade talks with the USA. European companies are also threatened with high economic damage.
By Leonardo Pape, Amelie Richter and Julia Fiedler
China wants to curb “unfair” price competition. In sectors where this is a particularly big problem, average production costs could be assessed and guidelines for “reasonable pricing” could be set.
By Julia Fiedler
Shortly before the end of the US tariff truce, China is tightening its control over strategic materials: In future, artificial diamonds, lithium batteries and graphite anodes may only be exported with an export license.
By Julia Fiedler
The sports car manufacturer continues to struggle with declining sales. From January to September, deliveries fell by six percent. Business in China in particular slumped.
By Fabian Peltsch
Beijing and Taipei are celebrating the 100th anniversary of the founding of their Imperial Palace Museums with special exhibitions this week. To coincide with the split commemoration and before the start of the book “fair,” Rainer Kloubert’s large volume of stories is being published: “Forbidden City – Forbidden Land? Signs in the Middle Kingdom.”
By Johnny Erling
