Private space travel is booming in China. A high-tech industry with a future. Providers are hoping for international customers for space services, such as those previously offered by companies from the USA or India. That is why the Chinese provinces are competing with each other and investing billions. However, the question of how private the companies actually are could cause problems.
By Redaktion Table
The steel industry has a large share of China's rapid growth. The country is the largest importer of iron ore. However, China obtains the raw material primarily from Australia, a country with which the People's Republic has been in conflict for more than a year. Beijing is now looking primarily to Guinea in West Africa to diversify its sources. But the situation there is difficult. With no quick alternative, Australia and China will have to come to an agreement in the foreseeable future. They just can't get along without each other.
By Frank Sieren
China's population is growing as slowly as in times of the 1950s famine. This poses immense challenges for the economy and the social system. Sales growth of products for younger people is likely to gradually decrease. And the rise to global power will become much more difficult.
By Felix Lee
China wants to build a powerful chip industry. In the automotive sector, a chip alliance is supposed to network the entire supply chain. The first partnerships are already in place. Automotive expert Ferdinand Dudenhoeffer expects Chinese semiconductor companies to become global market leaders in five years. In an interview with China.Table he explains why.
By Christiane Kuehl
China is getting past the Covid pandemic. During the May Day holiday, consumer sentiment has, in some cases, surpassed pre-crisis 2019 levels. The development fits Beijing's new economic strategy. But there are also problems: The gaps are growing, not only between rich and poor.
By Frank Sieren
Beijing has passed a law that aims to punish food waste with heavy fines. The main reason is not concern about a food shortage, but the fear of becoming too dependent on foreign countries due to the consumption needs of the growing middle class. China has to import more and more food.
By Frank Sieren
Without massive green investments, climate targets will be hard to achieve. EU states are already wrangling intensively over what counts as green. Beijing is now seeking common standards with the EU. But the European side hesitates: Chinese requirements are weaker and ignore social issues such as forced labor. Critics now fear that the EU will move closer to China in the negotiations and lower its standards.
By Nico Beckert
After several attempts by Chinese carmakers, serious competitors now enter the European market. In addition to the Tesla competitor Nio, it is primarily the technology-heavy provider Lynk Co, a sister company of Volvo. It wants to score points with young customers through digital subscription models for mobility.
By Redaktion Table
The crisis between Australia and China has come to a head. It's about geostrategic interests, influence, punitive tariffs, and the promising 5G technology. The former harmonious relationship has turned into an open rivalry. It is a conflict whose course Europe should watch closely because it all started with similar disagreements as the EU currently has with Beijing.
By Michael Radunski
EU Trade Commissioner Dombrovskis makes it clear: The CAI investment agreement between the EU and China is not dead – but there are significant hurdles. According to EU parliamentarians, it could take years to dismantle them. However, while the CAI is stuck, there is a lot of work going on in other areas. Brussels wants to better protect European companies from unfair competition from state-subsidized companies and make their own supply chains more independent. That, too, is aimed at China.
By Amelie Richter
