China's EV market is growing rapidly. The People's Republic is facing the question of how to deal with the increasing amount of used batteries earlier than other countries. This is because old batteries are extremely harmful to the environment. The powerful Ministry of Industry and Information Technology (MIIT) has now held the manufacturers responsible once again and calls for more attention to recycling.
By Frank Sieren
Anyone who wants to understand today's China must understand Deng Xiaoping. The gap between rich and poor, how a communist party can remain in force in one of the most capitalist countries in the world, the crisis of values in society – all this is related to him.
By Felix Lee
The new law against punitive measures puts foreign companies in a quandary. They face drastic consequences in the second-largest economy if they comply with possible sanctions. To eliminate the risks in the long term, they would have to create completely independent value chains. That is economically risky. Yet the worst-case scenario also offers opportunities.
By Marcel Grzanna
Bitcoin is a natural enemy of China's financial controls, which are as seamless as possible. After the ban on crypto trading platforms four years ago, the power is now being cut off to miners in more and more provinces. Now, many companies flee the People's Republic and look for new locations abroad.
By Redaktion Table
China's skyscrapers are among the most sustainable in the world. The developers are still primarily state-owned. But now Beijing is forcing private builders to meet higher sustainability standards as well. This will have consequences because most of the world's new skyscrapers are currently built in China.
By Frank Sieren
NATO has discovered China. For the first time, the People's Republic appears in the final summit declaration. In it, Beijing is called on to show more transparency about its weapons arsenal and to live up to its responsibilities at sea, in cyberspace and in outer space. NATO Secretary General Stoltenberg expresses satisfaction at having brought the 30 states onto a common line vis-à-vis China. But behind the scenes, there are different opinions.
By Amelie Richter
A report is circulating in the US media that the Taishan nuclear power plant is about to be shut down due to safety problems. China insists that the situation is under control. In fact, radioactive gases are inevitable during reactor operation. However, they should not escape in large quantities into the plant or the surrounding area.
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China's pharmaceutical industry wants to play a role in the global market for cancer drugs with innovative biotech start-ups and inexpensive in-house developments. Chinese suppliers are teaming up with European and American partners to open up Western markets. Now, there is hope that the expensive treatment will become cheaper and possibly better because of the new competitive pressure from China.
By Frank Sieren
The G7 countries want to counter China's new Silk Road with their own global infrastructure initiative. Joe Biden organized a considerable majority at the meeting in Cornwall. However, one country is putting on the brakes: Germany. Meanwhile, the seven established industrial nations spoke out in favor of respecting human rights and a free Hong Kong – but left the question of consequences unanswered.
By Felix Lee
The work ethic of young Chinese is becoming a source of conflict between generations. Instead of working enthusiastically for a supposedly better future, they are more resigned than their parents. The reason: In view of the great inequality of opportunity, they no longer feel that their efforts are worthwhile. This also influences the plan to become technology leaders as quickly as possible.
By Ning Wang
