Beijing is increasingly relying on battery swaps for EVs. Manufacturers continue to rapidly expand their station networks and receive subsidies for it. The main reason for the promotion: The price of an EV becomes significantly cheaper because customers merely rent the battery instead of having to pay for it upon purchase.
By Frank Sieren
Is it possible to build solar power plants in space to supply Earth with energy? The idea is controversial among scientists. China now wants to place test satellites in high orbits that will send energy to Earth.
By Redaktion Table
The German government wants to persuade the other member states at the G7 summit to refrain from pillorying China too much. The USA, in particular, sees things differently. The clash is predictable. Meanwhile, Xi Jinping is holding a counter-event with the BRICS summit, at which Vladimir Putin is welcome.
By Felix Lee
Xi Jinping will in all likelihood secure a third term as the head of the Party and the state at the CP Party Congress this fall. There will be a generational change in other posts. But Xi could prevent an entire age cohort from reaching the top.
By Christiane Kuehl
Taiwan's plans are ambitious. By 2025, the democratic island republic wants to establish 100 language centers around the world to popularize "Taiwanese Mandarin" and introduce foreigners to Taiwan's culture. The government in Taipei hopes that the program could also help the diplomatically isolated country to increase international exchange.
By Redaktion Table
Chinese researchers have developed a process that allows cloning pigs via machines. Once ready for mass production, this technology could allow China to become less dependent on imports. This could set the country's agricultural economy on a high-tech path far different from what is envisioned in Europe.
By Frank Sieren
China is the world's largest Internet market. But it remains closed to many western providers. In recent months, more apps and online service providers have shut down. Censorship, new laws and regulations, and high costs are believed to be the cause.
By Nico Beckert
Covid lockdowns and the war in Ukraine are weighing on the bottom lines of European companies in China. The mood is rapidly slipping. Some companies are already asking themselves how much they should still rely on China in the future. Therefore, the EU Chamber of Commerce is urgently calling on the Chinese authorities to change their zero-Covid strategy and finally reopen the country's borders.
By Redaktion Table
To secure its energy supply, China builds new coal-fired power plants and massively expands coal production. Yet China claims to be climate-friendly. This is because the power plants are to be used as flexible backups for renewable energies. But even if the power plants are only operated temporarily, China's dependence on coal jeopardizes the Paris climate targets.
By Nico Beckert
China is sticking to its target of 5.5 percent growth for this year - even though the Premier has set it before the big lockdowns. As a result, Western analysts have long since downgraded their forecasts. However, top economist Justin Lin still considers the target to be realistic.
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