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Hong Kong has become the world's most closed-off financial metropolis as a result of the Covid pandemic. But despite a growing impatience from banks and businesses, borders remain tight. Banks are now ranting in an open letter about the collapsing business as a result of extreme quarantine rules.
By Redaktion Table
Every three years, the political leaders of China and African countries meet at the Forum on China-Africa Cooperation. This is the highest-level meeting between the nations. It will be held again in November, but an exact date has not yet been set. Nico Beckert spoke with Marina Rudyak from Heidelberg University about China's lending in Africa, the New Silk Road, and African demands on China.
By Nico Beckert
The EU Commission can't quite get its supply chain law off the ground. The Brussels-based authority missed the October deadline for the presentation of its so-called Due Diligence Law. One reason: EU Commission President Ursula von der Leyen wants to use the supply chain law to enforce a ban on imports of products from forced labor. This could also affect some Chinese imports.
By Charlotte Wirth