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Maros Sefcovic

Rare earths: EU calls for talks after new export restrictions

The EU is urging swift action after China expanded its export restrictions on rare earths and high-tech products. Trade Commissioner Maroš Šefčovič is calling for talks with Beijing, while Lithuania and Denmark are calling for stronger economic security and a united European response.

By Amelie Richter

Wahaha-Erbin, Zong Fuli bei einem Wirtschaftsforum in Hangzhou im November 2020

Wahaha inheritance dispute: Heiress Zong Fuli resigns

After a bitter inheritance dispute over the legacy of one of the richest Chinese, Zong Fuli, the daughter who was long considered the sole heir, has unexpectedly resigned. The case casts a gloomy picture of China’s business elite and shows what lies behind the image of patriotic entrepreneurs.

By Ning Wang