China.Table

Opinion

Gabriel Felbermayr zur Abkopplung Chinas

Disengagement from China could be expensive for Europe

The kick-off of the series of events "Global China Conversations" of the Kiel Institute for the World Economy (IfW Kiel) is dedicated to the question of "decoupling", the decoupling of supply structures between the regions of the world. A policy of greater independence for Germany and the EU has indeed won more and more friends in the course of the Corona crisis. However, proponents of economic unbundling overlook the costs of doing so, writes IfW President Gabriel Felbermayr in China.Table. After all, trade and exchange are efficient and create prosperity.

By Redaktion Table

Qincheng – China's infamous prison

Numerous myths surround Qincheng Prison, located near Beijing. The political prison is reserved for party cadres fallen from grace – and is therefore not under the supervision of China's judiciary.

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Where China's leadership takes a political dive

Beijing's top politicians keep their personal affairs under lock and key. Even when they take their summer break and where they spend it. But there are clear indications that they are currently relaxing at the celebrity resort of Beidaihe 北戴河, – and not just for their vacation.

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China's unstoppable financial rise

Lange Zeit haben westliche Forscher Chinas Aufstieg zur Finanzmacht unterschätzt. Viele sahen vor allem die Schwächen. Doch inzwischen kann Chinas finanzieller Einfluss nicht mehr ignoriert werden. Der Renminbi gewinnt an Kraft. Und Peking plant längst das nächste finanzpolitische Großprojekt.

By Redaktion Table

China's worship of the new potato god

The People's Republic feels superior to the rest of the world as a technological and economic high-roller. But its Achilles' heel is whether it can feed its 1.4 billion-strong population in the long term. Of all people, the ideologue Xi Jinping clearly warns against this.

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Stephen S. Roach

China's private initiative deficit

Star US economist Stephen Roach has long defended the future viability of China's tech sector. But the recent crackdown on innovation leaders by the government has him doubting.

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How Chairman Mao once turned China's diplomats into sacrificial lambs

The Cultural Revolution did not stop for China's diplomats and Chinese journalists abroad. Mao and the CCP learned from Western sympathizers about the supposed bourgeois and opulent lifestyle of its envoys. A letter from the Austrian Marxist-Leninists pleased Mao in particular. The consequence: a third of all diplomatic service staff were ordered back to China and had to face criticism.

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Halting the global technology divide

The attempt of all large economic areas to take a leading position in key technologies at the expense of everyone else is a costly process. A more efficient and cost-effective way is to cooperate internationally in a division of labor. After all, not every economy can be at the top. If everyone tries to do everything on their own, growth and prosperity will suffer.

By Redaktion Table

A time when the party rejected Xi Jinping tenfold

It's a bit reminiscent of the rejection of the manuscript for Harry Potter by numerous publishers: When Xi Jinping wanted to join the Chinese Communist Party in the early 1970s, officials rejected his application for political reasons. Later, he had to cheat his way into university because he was not to be given a spot initially. An autobiography by the future head of state allows for fascinating insights into this time – and partly explains his way of thinking.

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Dennis Kowk

One year of Hong Kong security law: companies under scrutiny

Hong Kong's National Security Act is not only of political nature, it offers Chinese companies concrete advantages over Western competitors. State-owned enterprises can invoke national interests in the event of a dispute. With this Hong Kong is finally losing its status as an oasis of the rule of law, warns Dennis Kwok. Kwok was an MP for the pro-democracy Civic Party and now lives in exile.

By Redaktion Table