Due to shortages, ration stamps for commodities were part of daily life for 40 years. Beijing also used them as an instrument of power. Times have improved, and the ration stamps have become collector's items. Today, Xi Jinping would rather forget about this chapter in the history of the CP. Yet it could offer valuable lessons. In the meantime, he has turned to AI to monitor the population.
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Dealing verbally with the People's Republic of China is a tightrope act, especially for large German corporations. They are not particularly adept at it, says political scientist Thorsten Benner. The most recent example is Siemens CEO Roland Busch, whose statements about forced labor in Xinjiang are now exploding in his face. Especially since they are not entirely sincere.
By Redaktion Table
At the Yingtai Pavilion, part of the old Beijing Imperial Palace, the lines of history cross in an unlikely fashion. It was in the setting of imperial splendor that Communist autocrat Mao met with Pu Yi, the deposed last emperor. Recently, Xi Jinping used the same location for a special meeting. And he spared no imperial symbolism for himself.
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From climate change and rising inequality to pandemics and the digital revolution, Michael Spence sees plenty of reasons for China and the US to work together in a way that would benefit both. Unfortunately, according to the economist, the contrary has happened. This casts a shadow over the current recovery and the future prosperity of the planet.
By Redaktion Table
For months, the Chinese conglomerate Evergrande has attracted a lot of attention both within China and internationally due to its liquidity crisis. Market analysts, creditors and investors are asking: What triggered the downfall of such a large corporation? Will the Chinese government intervene? If so, in what way? How will this crisis unfold?
By Redaktion Table
Good socialists call each other "comrade." Don't they? In China, the term was long claimed by homosexuals. Now Xi Jinping has revived it – in the hope of reversing the decline in party discipline.
By Redaktion Table
China's influence on reshaping global supply chains is growing with the pandemic. Concerned about losing access to key components from foreign countries, the People's Republic is increasingly relying on domestic innovation, manufacturing and demand. For multinationals whose investments or exports to China are considered critical by the Chinese government, it will become harder to do business in China as usual.
By Redaktion Table
China wants to avoid a bad atmosphere among the population, and Xi Jinping himself advocates diligence instead of idleness. Nevertheless, the subversive term "tangping" has made it onto the list of Internet words of the year. It means "lying flat" and stands for a new social protest in the form of cultivated laziness. The young generation has had enough of constant strain and forced conformity to a competitive society. Johnny Erling shows how cartoonists pick up on the trend word in their drawings.
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Xi is copying Mao: Following the example of a well-known hymn to the former Great Chairman, the new leader is also being given a ballad that praises his deeds. While the cult of personality is becoming increasingly grotesque, there is also growing resistance within the party.
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