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China's Social Credit System still lacks transparency and legal certainty

The Social Credit System is to become a defining feature of Beijing's data-based governance. It leads to more transparency about compliance with rules and laws. Breaches of rules but also particularly rule-compliant behavior, will be recorded in publicly accessible databases. German companies are also affected. While some see the system as a regulatory jungle, others use it to better assess Chinese business partners. It remains to be seen in which direction Beijing will develop the system further.

By Nico Beckert

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Science fiction: stories from the future

Science fiction authors from the People's Republic are becoming increasingly popular around the world. The country offers them an ideal breeding ground for futuristic stories. In the meantime, the genre is even receiving official support. This was not always the case, as the genre is constantly on the verge of open social criticism.

By Redaktion Table

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Baidu's stock market 'homecoming' causes little enthusiasm

The trade turmoil with the US has created a new trend: the "homecoming" of Chinese corporations to domestic trading venues. Listed in the US, they now go to Shanghai, Shenzhen or Hong Kong. In Baidu's case, however, the willingness to pay is limited. But with Bilibili, the next trading debut is already on the horizon.

By Finn Mayer-Kuckuk

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Berlin: Beijing's sanctions are 'inappropriate escalation'

Some EU countries are reacting to Beijing's sanctions by summoning their ambassadors – in Berlin, too, there was a meeting with Wu Ken. Meanwhile, resistance to the CAI investment agreement continues to form in the European Parliament: First, the punitive measures against EU parliamentarians must be withdrawn before the agreement can be discussed, emphasize the Greens and Social Democrats. The large EPP group and the EU Commission, however, continue to adhere to CAI and its goal.

By Amelie Richter

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Sanctions from Beijing cause CAI to waver

The sanctions against European politicians, scientists and organizations represent a fierce diplomatic escalation between Brussels and Beijing. China's behavior calls the EU's previous strategy into question. This is also to be a topic at the summit of EU heads of state and government this week. A meeting of the EU Parliament's CAI monitoring group has been canceled because of the sanctions – China's sanctions strike is causing a massive shake-up in the agreement.

By Amelie Richter

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Foreign banks expand China exposure

As the financial markets continue to open up, the stakes and investments of foreign banks in China are growing. American banks, in particular, are pumping more money into China than ever before. The big US players are also targeting the growing middle class. On the one hand, China will not leave control of the country's financial markets entirely to market forces. On the other hand, American money creates security against Washington's political escapades.

By Frank Sieren

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Researchers fear consequences for cooperation on genocide study

The study "The Uyghur Genocide" is discredited by the Chinese government as a tissue of lies. Of around 60 contributors, only 33 remained to sign the paper – for fear of Beijing countermeasures. The remaining researchers, including two Germans, come from all over the world and want to set impulses for faster political action.

By Marcel Grzanna

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China's banks reduce risks

China has been home to the world's largest banks for several years. Time and again, there are warnings of excessive debt and an accumulation of bad loans. While Beijing has recently been criticized from within its own ranks, the US rating agency Fitch has given the all-clear. China has made significant progress in eliminating risks in recent years.

By Redaktion Table

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Biden's aggressive China course

The summit in Alaska could hardly have got off to a worse start. In an astonishingly aggressive manner – and on camera – both sides hurled their differing views at each other. Did Washington deliberately provoke the scandal? Some things point to that.

By Felix Lee

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Oppo: smartphone market leader

For the first time, Huawei has had to cede its smartphone pole position in China to rival Oppo. The company from Guangzhou has been one of the five largest smartphone manufacturers in the world since last year. However, Oppo hasn't managed to do that entirely on its own. US sanctions against Huawei have helped. While Huawei is trying to open up new markets beyond smartphones, Oppo now wants to gain a foothold in Germany.

By Frank Sieren