Appeal to Beijing + Coal vs climate
China is the biggest sales market for many European companies. However, working in China is becoming harder and harder: Lockdowns, supply chain problems, and, above all, largely closed borders are just a few better-known problems European companies currently have to face in China.
Our author team in Beijing took a closer look at the latest survey by the EU Chamber of Commerce in China and asked what the leadership in Beijing could do to restore the economic environment in the People's Republic. One thing is clear, after all: Business confidence is worse than ever before. Some companies were apparently already asking themselves how much they still want to rely on China in the future.
Who or what to rely on in the future – this question is currently also true for energy supply. Since the Ukraine war at the latest, this issue has risen to the top of the political agenda of many governments. But while Germany's Minister for Economic Affairs Robert Habeck is trying to win over Qatar and Saudi Arabia as new gas suppliers, China is turning to a different type of fossil fuel: coal.