In both China and the EU, emissions trading (ETS) is an important component of climate policy. After several years of "labor pains", trading of CO2 allowances is now established within the European Union. Now, the People's Republic has followed suit and also launched its trading scheme. But it differs significantly from the European ETS. Is there a chance to merge both systems in the future?
By Redaktion Table
More and more leading automotive suppliers are coming from China. Now, for the first time, a Chinese company ranks among the top 10 global companies in terms of sales: Weichai Power. The supplier realized its rapid growth by acquiring German, European and also US companies. The advantage of Chinese suppliers is that their domestic market is the largest growth market in the world and is far from saturated. But they are also making strong gains in exports.
By Frank Sieren
Green or not? This question is becoming increasingly important. In the financial sector, decisions on investments worth billions now depend on it. However, China's green finance sector remains very non-transparent. It is at risk of "greenwashing", the misclassification of an investment as sustainable.
By Nico Beckert
China condemns the politicization of the Olympic Games. But at the same time, state media rail against the Americans or praise their athletes when they pay homage to Mao Zedong at the medal ceremony. Athletes from Hong Kong and Taiwan are insulted by nationalists. But anger also mounts against unsuccessful Chinese athletes.
By Marcel Grzanna
Working from nine in the morning to nine at night, six days a week: this is the work culture of big tech companies, known in China as "996". But 996 has come under criticism. As pressure from both the public and regulators increases, changes are now on the horizon.
By Redaktion Table
China is working on aircraft reaching speeds of more than 7,000 km/h. As early as 2030, the state wants to operate an entire fleet of such hypersonic aircraft, capable of transporting ten passengers to any place on earth in less than two hours. The technology is also gaining military significance since hypersonic weapons are not detectable by existing defense systems.
By Frank Sieren
The production of Semiconductor requires hundreds of different chemicals and materials. China also wants to localize this part of the chip value chain – and is spending a lot of money to do so. But unexpected problems are emerging.
By Christiane Kuehl
No other German ex-politician is more intensively involved in China than Rudolf Scharping. In an interview with Frank Sieren, Scharping pleads for "realism tied to our values" when it comes to dealing with China. They no longer slavishly follow Marxism-Leninism and have made enormous social progress. At the same time, none of the global challenges would be solved in a satisfactory way without involving China. This is why Scharping called for swift ratification of the EU's CAI investment agreement with the People's Republic.
By Frank Sieren
Delivery drivers of meal delivery services are to receive better working conditions and higher wages. In this, the Chinese government wants to counteract the exploitation of supposed freelancers by tech companies. Authorities are now making an example of market leader Meituan to show how legal relationships between providers and its drivers are to be redefined in the future – and are thus following trends in other countries.
By Frank Sieren
Chinese tech stocks recovered on Thursday. But investors remain skeptical whether the worst is over. Beijing announced its intention to further regulate the sector with a major campaign over the next six months.
By Redaktion Table
