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China (English)

Feature

Tesla is slowed down in China

Tesla is suspected of espionage in China. Military personnel and employees of state-owned companies are to be banned from using the US company's EVs. This is seen as payback for the espionage allegations against Huawei in the US. However, there is no evidence for either accusation. The pressure on Tesla comes at an inopportune time. The US manufacturer still wants to expand its range this year with a low-cost mass product. Elon Musk is therefore cozying up to China.

By Frank Sieren

Feature

Western companies on the front lines of an ideological conflict

H M products disappear from Internet platforms in China. Taxi drivers can no longer find store addresses on their mobile phones: The boycott calls against H M, Nike, or Adidas reveal the fundamental problem of foreign companies in the People's Republic. They are caught between value-oriented demands from the West and the threatening wrath of an authoritarian government with the world's largest consumer market behind it. The truth is that the boycotts often die down quickly, and the damage to the companies is rarely permanent.

By Marcel Grzanna

Feature

China's Social Credit System still lacks transparency and legal certainty

The Social Credit System is to become a defining feature of Beijing's data-based governance. It leads to more transparency about compliance with rules and laws. Breaches of rules but also particularly rule-compliant behavior, will be recorded in publicly accessible databases. German companies are also affected. While some see the system as a regulatory jungle, others use it to better assess Chinese business partners. It remains to be seen in which direction Beijing will develop the system further.

By Nico Beckert

Opinion

China's rise is anything but certain

The narrative of China's inevitable rise is nurtured in both West and East. China seems to be rushing from victory to victory. Economic and political challenges such as overcapacity, bubbles, and the "demographic bomb" often fall by the wayside. Yet China's rise as a high-income country is anything but certain.

By Redaktion Table