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China wants to put a price tag on the environment. The idea behind it: If nature has a financial value, it is more likely to be protected. This not only has consequences for companies able to gain points for their environmental score, similar to the social credit system. But for the careers of Chinese officials, the preservation of "ecological goods" could also soon become just as important as economic growth – one of their responsibilities.
By Nico Beckert
The kick-off of the series of events "Global China Conversations" of the Kiel Institute for the World Economy (IfW Kiel) is dedicated to the question of "decoupling", the decoupling of supply structures between the regions of the world. A policy of greater independence for Germany and the EU has indeed won more and more friends in the course of the Corona crisis. However, proponents of economic unbundling overlook the costs of doing so, writes IfW President Gabriel Felbermayr in China.Table. After all, trade and exchange are efficient and create prosperity.
By Redaktion Table
Will China fill the gap left by the US in the Hindu Kush? Not militarily, says journalist and former Afghanistan correspondent Cem Sey in an interview with China.Table. But Beijing's pragmatic approach to the Taliban could bring economic opportunities to China, even if Afghanistan's resource wealth is more of a myth. Felix Lee spoke with Sey.
By Felix Lee