The Covid virus did not come from the wild but from a laboratory – that's how current reports read, based on US intelligence sources. Serious scientists, however, see the illnesses of researchers in Wuhan in November 2019 as far from proof of a fatal accident.
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Xi Jinping's goal is clear: China should become a football power. And when the president wants something in the People's Republic, many things become possible: China's entrepreneurs invest billions, buy coaches, players, and entire clubs. Money is not an issue. The results for the new season are devastating: Many clubs are on the verge of going out of business. However, that doesn't necessarily harm the sport.
By Redaktion Table
The Chinese battery producer SVOLT wants to invest €1 billion in new factories in Saarland. The company is relying on the skills of German employees and the quality of German machines. European Head Kai-Uwe Wollenhaupt is certain: The drop in battery prices in the coming years will massively increase the demand for EVs in this country.
By Marcel Grzanna
The EU Parliament stops working on the investment agreement and demands a withdrawal of the sanctions from Beijing. A paragraph on non-profit organizations such as foundations, NGOs, and associations in the annex to the CAI is still causing uncertainty among those affected. In a briefing today, the EU Commission intends to provide answers to questions from German representatives of foundations and associations.
By Amelie Richter
China is investing a lot of money in the construction of a new Egyptian capital city. With this, Beijing is securing political influence. Additionally, investments in one of the fastest-growing economies should also pay off financially.
By Redaktion Table
In Hong Kong, listed companies enjoyed their best start to a year's first quarter regarding share sales so far. Because after China weathered the Covid crisis well, investors are looking for Chinese assets. The crackdown on the protest movement does not seem to be a factor in this space. Local US investment banks are also hiring massively. Parallel worlds are emerging. The US government appears to have no interest in curbing the inflow of US money for political reasons.
By Frank Sieren
The Comprehensive Agreement on Investment (CAI) contains a single sentence with impact: The wording that Beijing has the possibility of having a say in the appointment of leaders of foreign foundations and non-profit organizations in the future. This sentence continues to cause lasting uncertainty. EU circles are trying to calm things down, but at the same time, they are making it clear that the passage has been agreed upon and that there will be no further negotiations. How the paragraph found its way into the agreement remains vague. Meanwhile, the European Parliament is preparing to formally postpone the agreement.
By Amelie Richter
Until now, Huawei sold mainly smartphones in its stores. But the US sanctions are forcing the Chinese tech giant to rethink. A visit to the flagship store in Shenzhen shows how resolutely it is pursuing its push into the car industry.
By Redaktion Table
The Philippines swung towards China under President Rodrigo Duterte. But despite new economic ties, China continues to press islands in Manila's exclusive economic zone, currently at Whitsun Reef. Now Duterte is moving closer to the US again. Verbally, however, the president allowed his ministers to push ahead.
By Christiane Kuehl
The cotton harvest in Xinjiang is suspected of forced labor. Many buyers thus avoid yarn from China. But raw material prices are rising, and soon consumers will feel the effects. However, there is no alternative to higher prices in a severe fight against forced labor.
By Marcel Grzanna
