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
Joerg Wuttke in conversation with Frank Sieren: The President of the EU Chamber of Commerce in China believes sanctions are wrong, argues for pushing ahead with the investment agreement, and sees only limited European political influence on China. While the EU should protect itself against unfair competition from Chinese state-owned enterprises, it should see competition from private companies as an incentive. The goal of the policy should be a prosperous China. At the same time, Wuttke warns Beijing not to squander its opportunities out of overconfidence.
By Frank Sieren
More and more Chinese EV manufacturers are pushing into Europe. Their market share is still insignificant. China.Table surveyed to determine the relationship between German consumers and Chinese car brands. The result: great skepticism. However, experience shows that brands from the Far East can crack the difficult German market with price arguments.
By Frank Sieren
Private space travel is booming in China. A high-tech industry with a future. Providers are hoping for international customers for space services, such as those previously offered by companies from the USA or India. That is why the Chinese provinces are competing with each other and investing billions. However, the question of how private the companies actually are could cause problems.
By Redaktion Table
China's population is growing as slowly as in times of the 1950s famine. This poses immense challenges for the economy and the social system. Sales growth of products for younger people is likely to gradually decrease. And the rise to global power will become much more difficult.
By Felix Lee
The steel industry has a large share of China's rapid growth. The country is the largest importer of iron ore. However, China obtains the raw material primarily from Australia, a country with which the People's Republic has been in conflict for more than a year. Beijing is now looking primarily to Guinea in West Africa to diversify its sources. But the situation there is difficult. With no quick alternative, Australia and China will have to come to an agreement in the foreseeable future. They just can't get along without each other.
By Frank Sieren
China is getting past the Covid pandemic. During the May Day holiday, consumer sentiment has, in some cases, surpassed pre-crisis 2019 levels. The development fits Beijing's new economic strategy. But there are also problems: The gaps are growing, not only between rich and poor.
By Frank Sieren
China wants to build a powerful chip industry. In the automotive sector, a chip alliance is supposed to network the entire supply chain. The first partnerships are already in place. Automotive expert Ferdinand Dudenhoeffer expects Chinese semiconductor companies to become global market leaders in five years. In an interview with China.Table he explains why.
By Christiane Kuehl
Beijing has passed a law that aims to punish food waste with heavy fines. The main reason is not concern about a food shortage, but the fear of becoming too dependent on foreign countries due to the consumption needs of the growing middle class. China has to import more and more food.
By Frank Sieren
Without massive green investments, climate targets will be hard to achieve. EU states are already wrangling intensively over what counts as green. Beijing is now seeking common standards with the EU. But the European side hesitates: Chinese requirements are weaker and ignore social issues such as forced labor. Critics now fear that the EU will move closer to China in the negotiations and lower its standards.
By Nico Beckert
