Instead of six percent, China's economy could grow by over eight percent this year. But exports are unlikely to drive growth as strongly as last year. Private households are not expected to provide an immense growth boost either. To compensate for the lack of aggregate demand, the central bank will have to put more money into infrastructure.
By Redaktion Table
A flying taxi can be seen at Auto Shanghai for the first time. And it is, of all things, a German product from the company Volocopter. The vehicle is presented by the Chinese car company Geely, which has invested in the German start-up. It may well be that people will soon get used to seeing air taxis at car shows. Because last week, the Chinese aviation regulator began the approval process for the everyday operation of flying taxis.
By Frank Sieren
China's market for e-cigarettes has grown rapidly in recent years. However, the gold-rush mood could soon be over: Beijing is planning to regulate the domestic market. Companies like Relx are also encountering difficulties abroad. The industry is facing sweeping change.
By Ning Wang
