The lockdowns in China further affect the already struggling international goods traffic. A huge ship jam is forming off the coast of Shanghai, while ports in Europe buckle under a flood of containers. This also has consequences for the movement of goods to Europe, that now takes more than twice as long.
By Redaktion Table
More than two months after Russia's invasion of Ukraine, the Kremlin's propaganda machinery is showing no signs of fatigue. On the contrary, the longer Putin's war in Ukraine lasts, the more propaganda efforts Russian television makes. There is no sign of de-escalation.
By Eugenie Ankowitsch
The democratic Covid paragon Taiwan begins to lose its grip on Omicron infections after all. The previous proactive fight against the disease has now given way to party-political trench warfare, and at times there were not even enough rapid tests. Now a lockdown is being discussed.
By Redaktion Table
Ulrich Reichert has been China CEO of Wirtgen Group, a manufacturer of road construction machinery, for 32 years. Reichert is currently experiencing one of the most severe economic downturns he has had to manage in his long career. Sales in the infrastructure sector have recently slumped considerably. The last time he experienced a similar crisis was ten years ago, after economic stimulus programs were phased out as a result of the global financial crisis. Frank Sieren spoke with Reichert.
By Frank Sieren
Ulrich Reichert has been China CEO of the Wirtgen Group, a manufacturer of road construction machinery, for 32 years. Reichert is currently experiencing one of the deepest economic downturns he has had to manage in his long career. Sales in the infrastructure sector have recently plummeted significantly. The last time he experienced a similar crisis was ten years ago, he said, after economic stimulus programs were phased out as a result of the global financial crisis.
By Frank Sieren
Trains are still rolling across the northern route of the New Silk Road. Despite routing via Russia and sanctions against Russian companies, container transport has only partially declined. The development of alternative routes is in full swing, but capacities are limited.
By Lukas Knigge
The Federal Court of Justice had wanted to see it differently, but now the judges in Luxembourg have clarified the matter: member states may grant qualified organizations such as consumer associations standing to sue in the enforcement of the General Data Protection Regulation. The ruling provides another building block in enforcement – and one industry, in particular. It is likely to feel the consequences soon.
By Falk Steiner
Trains are still rolling across the northern route of the New Silk Road. Despite routing via Russia and sanctions against Russian companies, container transport has only partially declined. The development of alternative routes is in full swing, but capacities are limited.
By Lukas Knigge
The lockdowns in China affect already struggling international goods traffic. A huge ship jam is forming off Shanghai, while ports in the west suffer from a flood of containers. At a webinar hosted by AHK Hong Kong, experts discussed the implications of this.
By Christiane Kuehl
Two years after its gradual introduction, the social credit system for companies in China continues to pose a long list of concerns and inconsistencies for German companies. This was the verdict of an event on Thursday morning in the Global China Conversations series of the Kiel Institute for the World Economy (IfW).
By Marcel Grzanna
