The second entry in IfW Kiel's Global China Conversations series took on one of the most heated topics in international trade policy: China's subsidies and their impact on Western companies. An IfW survey shows that competitive pressure is already being felt across the board.
By Amelie Richter
For many years, nothing worked in China without involving the Danwei: Applying for a passport, getting married, getting divorced – permission from the work unit had to be obtained first. With the start of China's economic reforms, it lost importance. In the wake of the Covid pandemic, however, these small social units got a new boost: Is the Danwei celebrating a comeback with digital support?
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The International Energy Agency (IEA) has drafted a carbon neutrality roadmap for China. According to the plan, solar energy will become the number one energy source by 2045, and coal consumption has to be cut back to one-fifth by 2060. Greater efficiency and a massive expansion of renewable energies are needed. There is even implementation of technologies that do not exist yet. This all costs a lot of money. But the IEA believes that China is capable of making the transition even faster.
By Christiane Kuehl
