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China (English)

Feature

Forced labor: Solar industry in focus

After years of debate, there is now a draft of a German supply chain law. This will also have an impact on companies with suppliers in Xinjiang: The German solar industry purchases solar modules that are very likely to contain primary products from the province that were manufactured using forced labor. The law hits the industry at an inopportune time. After years of stagnation, some manufacturers want to invest in production facilities again. But controlling suppliers in Xinjiang is difficult to implement, so they might have to rely on more expensive other suppliers.

By Nico Beckert

Opinion

The limits to America's pent-up demand

The contrast in economic recovery between the US and China is clearly felt in the services sector after their lockdowns, and could stand in the way of the US achieving a V-shaped economic recovery like China's economy is currently exemplifying. Roach sees China's crisis strategy at an advantage so far.

By Ning Wang

Feature

Party mission: scoring goals!

China's President Xi Jinping is considered a big football fan. Since he took office, football has been promoted in schools. But the fame of Chinese footballers has so far failed to materialize. Meanwhile, foreign clubs like FC Bayern are profiting enormously from the enthusiasm of Chinese fans.

By Redaktion Table

Feature

Marriage and family: a discontinued model

Even a state-imposed 30-day cooling-off period will not reduce the high divorce rates in China. Young people, in particular, no longer see the vow for a lifetime as necessary for financial security. Women are increasingly skeptical about the concept of family. The loss of prestige of marriage is increasingly becoming a problem for the Chinese government.

By Ning Wang

Lee Jong-Wha
Opinion

Will East Asia win the pandemic?

So far, East Asian countries have held up well economically against the pandemic. But a withdrawal of liquidity from emerging markets could spell disaster for Asian economies, which rely heavily on short-term foreign capital inflows. But a tougher US policy under Biden against China would also dim East Asia's economic prospects, said Lee Jong-Wha, who was long the Chief Economist at the Asian Development Bank and now teaches economics at Korea University.

By Ning Wang