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China wants to be the first major economy to introduce a state-owned digital currency. Companies like Alibaba, Tencent, and JD.com support the introduction. The first tests are already underway. Beijing is pursuing a major goal: The e-CNY is supposed to become the new world currency. But the project still has its limits. An interim solution could pave the way.
By Frank Sieren
Good business in a difficult environment: According to the latest survey by the EU Chamber of Commerce in Beijing, many companies in China are earning more than expected, even in the Covid year 2020. They want to continue investing – although they complain about obstacles to market access and persistent unequal treatment.
By Christiane Kuehl
The origin of the Covid pandemic remains unclear. But the mere suspicion that the pathogen originated in a laboratory in Wuhan could cause massive political damage to the People's Republic. Instead of convincing the world otherwise with a transparent investigation, Beijing is threatened with further loss of confidence. Claims for damages and a diplomatic boycott of the 2022 Winter Olympics are just two possible consequences.
By Marcel Grzanna
