The impending Evergrande bankruptcy is a major stress test for China's financial system. But the impact on the country's real estate and financial system will remain manageable. There is no risk of a collapse or even a global financial crisis. But the case ruthlessly exposes the weaknesses of the Chinese economy.
By Frank Sieren
The Chinese Data Security Law (DSL) came into force on 1 September 2021. It sets new standards, as it applies both to German companies with operations in China and to German subsidiaries of Chinese companies. Accordingly, there is a lot to consider.
By Redaktion Table