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Be "better, faster, more innovative" compared to China

Thanks in part to its now 20-year commitment in China, Webasto has become one of the largest automotive suppliers in the world. The company is known to many because it was the site of the first COVID case in Germany. The shock of that time has been overcome, but CEO Holger Engelmann is worried about the future. In an interview with China.Table, he fears an economic long COVID with unforeseeable consequences. He is particularly concerned about supply issues, a shortage of skilled workers, and further disruptions to the global economy. He considers the establishment of a separate supply chain exclusively for the Chinese market likely in the future. Marcel Grzanna conducted the interview.

By Marcel Grzanna

Shenzhen Anleihen Hongkong
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Shenzhen is allowed to obtain funds on the global market

A big step for the opening of China's financial markets: Shenzhen has become the first Chinese city to issue a bond to international investors. Until now, borrowing by Chinese municipalities has been an internal affair. Foreign participation could bring a new professionalism to local government financing. But it also ties the global financial market more closely to China – for better or worse.

By Frank Sieren

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Disinformation campaigns with little success

Beijing is also spreading its narratives on Western social media. Especially since the beginning of the Covid pandemic, disinformation campaigns aimed at showing China in a better light have increased on the web. The success, however, has been moderate, as observers note. Nevertheless, they warn of a potential tech dependency of the West.

By Amelie Richter

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Data analysis sheds light on China's foreign aid

According to figures, China is one of the most generous donors of development aid. Or is it? An event organized by the Kiel Institute for the World Economy (IfW) provides new insights. The loans often do not have particularly favorable conditions. Moreover, there is a lack of transparency. Even Chinese officials are often unsure which funding agency grants which sums to which beneficiaries.

By Finn Mayer-Kuckuk

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MEPs travel to Taiwan

While China is pounding its chest, EU institutions and member nations are trying to improve their ties with Taiwan. The US is simultaneously supporting the greater integration of the island nation into the United Nations. And Beijing is reacting with its usual harsh rhetoric.

By Redaktion Table

January 23, 2021, Hong Kong, China: A police officer stands guard in front of a barrier in an area under lockdown to contain the spread of Covid-19 outbreak in Hong Kong, China on January 23, 2021. More than 3,000 police officers and health workers have been deployed for an unprecedented screening operation in Jordan district with about 200 buildings Hong Kong China - ZUMAs197 20210123_zaa_s197_260 Copyright: xMiguelxCandelax
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Quarantine policy harms Hong Kong's financial center

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

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'European Integration' as Europe's unique selling point in Africa

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

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EU Supply Chain Law: von der Leyen's push without a plan

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

Der elektrische Hongqi E-HS9 SUV
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The Red Flag plans to conquer Europe

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

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Hong Kong's megaplan of a new metropolis

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