With the presentation of the coalition agreement, the policy of the future German government is taking shape. Regarding China, the government is seeking to close ranks with Brussels, both in wording and orientation. One novelty is the explicit mention of Taiwan. The call for more China expertise in Germany is also new. However, one question remains unanswered in the policy paper: What will become of the CAI investment agreement?
By Redaktion Table
China's wellness industry is booming. After yoga, mindfulness is the latest trend. Mindfulness apps and meditation centers are vying for the Chinese's inner peace. The government hopes spiritual self-help will ease the burden on its poorly developed healthcare system. However, no movement is allowed to become as big as Falun Gong.
By Fabian Peltsch
The company HT Aero plans to introduce a flying car to the market soon. In other words, a vehicle that is both capable of driving on the road and flight. What sounds like science fiction is now being pushed forward not only in China, but by carmakers worldwide. In China, however, the development pressure is the highest due to overcrowded cities.
By Frank Sieren
In China, art fairs such as the recent one in Shanghai are once again attracting visitors, although due to Covid restrictions they come almost exclusively from within the country. For years, artworks by renowned foreign artists were considered a safe investment by Chinese collectors. But more and more young collectors are now turning to domestic art – and political developments are causing concern in the industry.
By Ning Wang
Meng Hongwei, China's first Interpol chief, was arrested for corruption three years ago. In an interview, his wife now claims that it was actually all about a power struggle: Her husband had been pushing for change. Beijing responded by arresting him.
By Jörn Petring
China continues to expand the usage of its digital central bank currency. With the state-owned e-yuan, Beijing wants to curb the financial power of private companies like Alipay. In the long term, it wants to push the internationalization of the yuan. Central bank chief Yi Gang now revealed the first details of these goals.
By Frank Sieren
Cars are responsible for a significant portion of CO2 emissions in China, Europe, and the US. New figures show that the market for EVs is growing rapidly. But the growth is not yet enough to meet the sector's climate targets. And while Europe is betting heavily on plug-in hybrids, China sells mostly pure EVs and dominates the market in e-buses. But the climate problem remains.
By Nico Beckert
Patrick Chou, 52, has been selling luxury cars in China since 1998. From Bentleys to Porsches, he fulfills all the four-wheeled desires of the super-rich. Chou is convinced that European providers will continue to dominate the market for a long time. In the interview, he explains why many young people are also among his customers and why he is able to collect so much data on his customers in China. Frank Sieren conducted the interview.
By Frank Sieren
Chinese tennis player Peng Shuai disappeared after accusing a top Chinese politician of sexual assault. Instead of attempting to resolve the situation, Beijing is cracking down with harsh censorship.
By Redaktion Table
