Hong Kong has become the world's most closed-off financial metropolis as a result of the Covid pandemic. But despite a growing impatience from banks and businesses, borders remain tight. Banks are now ranting in an open letter about the collapsing business as a result of extreme quarantine rules.
By Redaktion Table
Every three years, the political leaders of China and African countries meet at the Forum on China-Africa Cooperation. This is the highest-level meeting between the nations. It will be held again in November, but an exact date has not yet been set. Nico Beckert spoke with Marina Rudyak from Heidelberg University about China's lending in Africa, the New Silk Road, and African demands on China.
By Nico Beckert
The EU Commission can't quite get its supply chain law off the ground. The Brussels-based authority missed the October deadline for the presentation of its so-called Due Diligence Law. One reason: EU Commission President Ursula von der Leyen wants to use the supply chain law to enforce a ban on imports of products from forced labor. This could also affect some Chinese imports.
By Charlotte Wirth
Luxury carmaker FAW wants to turn the patriotic luxury brand Hongqi into China's first global EV export hit. The selling point of models like the S9 and L5 is primarily their rarity. However, it is still a ways off from the Chinese S-Class.
By Frank Sieren
Up to now, much of Hong Kong's business life has taken place around Victoria Harbour. But now a huge new center is to be built in the very north of the special administrative region. The financial metropolis and the neighboring city of Shenzhen are growing together.
By Redaktion Table
China is about to introduce a law to promote families. But this is not only met with approval – because the bill includes new thumbscrews for parents. They are to be held accountable for their children's bad behavior. Not a very far-sighted plan for an emerging superpower.
By Ning Wang
Niels Peter Thomas heads the China business of Springer Nature, one of the world's leading academic publishers. He talks with China.Table about the state of Chinese research and its publishing practices. Thomas observes a leap in the general quality of publications by Chinese scientists. This is also bringing a boost in international renown, especially as more and more papers are made in collaboration with Western institutions. Thomas also explains whether artificial intelligence will soon replace human authors. The interview was conducted by Frank Sieren.
By Frank Sieren
Just in time for the UN Climate Change Conference, China is coming out of the woodwork: A key planning document lays out the national framework for phasing out coal and oil. In the coming years, this document will be the centerpiece of a clockwork of detailed sub-plans with which the leadership will once again turn China's economy upside down. It certainly offers surprises.
By Nico Beckert
Flexible displays have the potential to turn the tech world upside down. One of the most important developers is the Chinese start-up Royole. The Shenzhen-based company unveiled the first foldable smartphone for the mass market in 2018. Now, in cooperation with Airbus, the company wants to revolutionize the entertainment system in airplanes with ultra-thin screens.
By Frank Sieren
Magnesium is an important element in aluminum production. But as a result of its power crisis, China stopped production. In Europe, various manufacturers are now at risk of running out in the short term. And Europe receives 95 percent of its magnesium from China. There are no easy solutions.
By Christiane Kuehl
