After six years of construction, China has completed its first high-speed railway line with an international connection. It leads to Laos. Elsewhere, however, ambitious railway plans are at a standstill, partly because of the Covid pandemic. But in the future, construction work will resume. The People's Republic wants to draw in neighboring countries with a high-speed train network.
By Frank Sieren
Siemens Mobility plans to sell its subsidiary Yunex, which offers technology solutions for traffic control. In addition to European and American bidders, Chinese tech company Hisense is now also expressing interest. In view of the rapid digitalization of traffic in China, the acquisition would be particularly promising.
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"Common prosperity" is currently the main slogan of China's President Xi Jinping. Curbing inequality could significantly shape the country's policies in the coming years. But is Beijing really aiming for a major societal shift? Or are the many speeches about "common prosperity" more an expression of a new populism?
By Nico Beckert
The Chinese pavilion at this year's Expo in Dubai does not shine with innovations. Rather, China is using the world exhibition as a stage to represent its own image.
By Marcel Grzanna
Stephan Woellenstein is probably about to be replaced as Head of Volkswagen Group China. He apparently failed due to bad timing, unrealistic demands by the company and a difficult market. China's press also took note of sale difficulties at VW.
By Redaktion Table
Much was already known, but some details are surprising: The resolution of the 6th Plenum is now available online. China.Table provides an overview of key resolutions shaping China's economy and politics.
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Digital assets and blockchain-based financial services have the potential to cause a major shift in the global financial world. However, Beijing is particularly concerned about crypto mining due to its high power demand. The leadership is announcing new measures against mining and threatening to raise prices. But Beijing can't quite let go of digital currencies – and continues to allow companies like Huobi to participate in the crypto boom.
By Frank Sieren
The compass is now supposed to show the way: The EU is currently debating its guiding strategy on defense and security – the so-called strategic compass. In the future, there is to be more commitment in the area of cyber defense. Brussels also wants to expand its involvement in the Indo-Pacific. That will anger Beijing.
By Amelie Richter
Chinese newspaper Global Times has already called Charlie Weimers and other MPs "radical troublemakers." The reason: They had called for closer relations with Taiwan. But Brussels could be much more active in this regard, the MEP says. In an interview with Amelie Richter, Weimers talks about possible new sanctions and his meeting with Taiwan's Foreign Minister Joseph Wu.
By Amelie Richter
