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As the Sino-American trade war approaches its fourth year, there is ample evidence to show that both sides have been harmed by the tit-for-tat exchange of protectionist measures. But, far from spelling an end to globalization, the conflict may have laid the foundation for an even more robust world trading system.
By Redaktion Table
The EU has placed decarbonization at the top of its agenda to fight climate change. To this end, it has put together the "Fit for 55" climate package. One of the main pillars of this package is emissions trading – and the associated Carbon Border Adjustment Mechanism (CBAM). It is still at the planning phase. The EU is wrestling with the details. But one thing is clear: CBAM could hit China particularly hard.
By Ning Wang
Due to shortages, ration stamps for commodities were part of daily life for 40 years. Beijing also used them as an instrument of power. Times have improved, and the ration stamps have become collector's items. Today, Xi Jinping would rather forget about this chapter in the history of the CP. Yet it could offer valuable lessons. In the meantime, he has turned to AI to monitor the population.
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