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No other nation is gaining as dramatically as China in the annual Forbes billionaire rankings. Last year, the number of new billionaires in the People’s Republic rose by 202 to 626. Some of the newcomers to the ranking have made their fortunes with unusual business ideas. A toy manufacturer is represented, as well as a liquor producer and two suppliers of e-cigarettes.
By Redaktion Table
Hydrogen engines have the potential to turn the car industry around in times of climate change. China initially wants to establish the technology primarily in commercial vehicles, trucks, and buses because the tanks can be better accommodated in large vehicles. China is already the world's largest producer of hydrogen, with an annual production of 20 million tons. Much of this is not yet green hydrogen.
By Frank Sieren
Rapid economic growth in China has been accompanied by environmental damage in many regions. Shenzhen has introduced the GEP, an alternative system to GDP that measures the growth and well-being of its citizens based on ecological factors. Figures from the new eco-indicator will be presented for the first time in June. The GEP is intended to provide incentives for more sustainable investment.
By Frank Sieren