China.Table

Feature

Foreign minister: China is not a 'systemic rival' of the EU

In his annual press conference, Foreign Minister Wang Yi raised controversial issues – and made China's positions clear: In Hong Kong, the politicians there must "love their motherland", and the accusations of genocide in Xinjiang are "rumors". He called for more cooperation with the USA but, at the same time, forbade Washington to interfere in internal affairs. With regard to the ILO's forced labor requirements, he promised "efforts". However, there were no concrete announcements.

By Frank Sieren

Military spending only for defense?

China's official military budget is growing by 6.8 percent. This means that the increase is in line with previous years. In any case, experts assume that the actual expenditure is higher. For example, pensions, construction projects, and the military police are booked in other budgets. Beijing wants to have modern, technologically powerful armed forces by 2027 – and thus also protect its own investments abroad.

By Christiane Kuehl

Beijing plans higher research spending

China's government leader Li Keqiang opened this year's plenary session of the Chinese People's Congress in Beijing this morning. The main points are: stronger market economic reforms, accelerating research and development, strengthening smaller businesses, more domestic consumption, expanding the Belt and Road Initiative (BRI). At the same time, China plans to increase its military budget by 6.8 percent this year. That is 0.1 percent more than last year. In addition, Beijing wants to further restrict the leeway of the Hong Kong parliament.

By Frank Sieren

Czech Republic and China: relationship in crisis

The relationship between China and the Czech Republic is in tatters. Czech politicians are taking a confrontational course, also because the People's Republic is not fulfilling the expectations it has raised. Promised investments have largely failed to materialize. Chinese money, however, is flowing into local media companies to manipulate public opinion in Beijing's favor. In this series, China.Table reports on the relations of all EU member states with China.

By Marcel Grzanna

The Communist Party has a woman problem

If you look through the list of names of the members of the 19th Central Committee of the Communist Party, you will see 女 in brackets behind some of the names – the sign for "female". Although women make up nearly one-third of the party, they are rarely found in top offices. Xi Jinping's return to Confucianism reinforces this tendency because it envisions a patriarchal order.

By Ning Wang

Zhong Shanshan: rich thanks to mineral water

It hasn't been a good year for Jack Ma – or for his billion-dollar fortune. Three countrymen have overtaken the Alibaba founder in the rich ranking. The richest Chinese is now 66-year-old Zhong Shanshan. He made his money not with a tech company or real estate but to a large extent with mineral water.

By Redaktion Table

Action plan for climate action

China wants to become carbon neutral by 2060 and reduce its emissions from 2030 at the latest. The 14th Five-Year Plan must contain the first concrete measures to achieve this. The announced draft gives the topic a lot of space, but details are available only in the plan itself.

By Christiane Kuehl

Gaming market grows despite government restrictions

The US gaming platform Steam was launched in China a few weeks ago. With a dramatically slimmed-down supply. Although China has the largest market and the world's largest gaming company, the hobby is unpopular with the authorities and subject to a variety of restrictions. Foreign companies, meanwhile, run afoul of their Western buyers when they bend to Chinese regulations and restrict gamers' freedom of expression.

By Redaktion Table

China's unaffordable housing market

In China, too, there is hardly a political topic as emotionally discussed as the high housing and rental prices. The new Five-Year Plan addresses the issue and promises more affordable housing. Despite rapidly rising prices, the burst of a bubble is considered unlikely. Beijing is too worried that social unrest could occur in such a case.

By Redaktion Table

Beijing's 'silver hair economy'

Many older Chinese feel left behind by the country's rapid digitization. China's government wants to close the "digital divide" between young and older people by 2022. This means more social integration, but also more consumption – and thus follows the logic of the 14th Five-Year Plan. For companies, at any rate, the target group of senior citizens is a long underestimated growth market.

By Frank Sieren