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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
In China, an area of about 36,000 square kilometers is to be afforested annually until 2025. One goal of this project is to counteract climate change by creating larger CO2 reservoirs. Although the plan fits in with Beijing's target of a climate-neutral economy by 2060, its origins date much further back.
By Redaktion Table
China's Communist Party is issuing a storm of rules, bans and restrictions. Its focus is on the country's youth – and its Internet companies, which have been enormously successful and profitable up to now. The party not only wants to set new values, but it also wants to set itself apart from the West with these standards. In this way, the CCP is returning to its role as a shaper of society, a role it had actually abandoned after Mao.
By Ning Wang
Daimler and Geely are turning the 2.70-meter-long Smart into a four-meter-long compact SUV. The new design is an attempt to revive the loss-maker Smart. But the new car is pushing into a market segment with numerous competitors. And: The Smart loses its uniqueness with the new design.
By Frank Sieren
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