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CRRC examines Lathen as Transrapid test track

China wants to further develop magnetic levitation technology for high-speed trains and is looking into cooperating with European partners and revitalizing the former Transrapid test track in Lathen in the Emsland region. According to information from China.Table, the state-owned railway group CRRC has already made an inquiry to the operating company of the former test track in Lathen. CRRC has developed two of its own prototypes based on German Transrapid technology but does not have its own test track for long-term testing. In China, maglev trains are considered a pillar of the government's climate plans.

By Frank Sieren

Feature

CO2 limit tax as an opportunity for China?

The European Parliament has given the green light for a report on the CO2 limit levy. A number of things are still open until the EU Commission presents its proposal later this year. What is clear, however, is that the new mechanism will bring money into the EU coffers. Critics fear that trading partners could see the levy as an additional tariff, making the project implausible in terms of climate policy. For China, however, the EU project could also have advantages.

By Amelie Richter

Feature

China's third aircraft carrier in final assembly

China's third aircraft carrier will be launched in 2021 – it is supposed to be similar to the most modern US carriers. However, it is questionable whether all the necessary technologies will be available. Beijing also put plans for further aircraft carriers on hold some time ago for cost reasons and lack of necessary technologies.

By Redaktion Table

Feature

Wirecard: Merkel and the meeting with Xi

In April, Chancellor Angela Merkel (CDU) must testify before the Bundestag's investigative committee. The MPs have many unanswered questions – especially about her involvement with Wirecard during a trip to China, the influence of Karl Theodor zu Guttenberg on the Chancellor's Office, and the Chancellor's economic advisor, Lars-Hendrik Röller.

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Feature

Education level endangers growth in China

China's plans to become an "industrial superpower" have received much attention. Beijing wants to move into new sectors – for example, AI, robots, new mobility – and make the economy more innovative. But education levels threaten to stifle growth, as Scott Rozelle, a development economist at Stanford University, reports in his new book, Invisible China.

By Nico Beckert

Feature

Taiwan's successful pandemic management

No lockdown, hardly any tests, and no vaccination campaign: Yet hardly any other country has managed to contain the pandemic as successfully as Taiwan. Unlike the authoritarian People's Republic, the island republic used democratic means.

By Felix Lee

Feature

Hafnium cyber attack becomes state affair

China can't seem to let it go: Despite agreements with Western countries to the contrary, hackers from the Far East are repeatedly accessing the data of authorities, banks, and companies. With access to Microsoft's Exchange servers, a particularly spectacular case is now causing outrage. But is the state really behind the espionage?

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Feature

The center of power

When the cameras pan to President Xi Jinping at the National People's Congress, six men are visible to his left and right. They are between sixty and seventy years old and belong to the most powerful body in the state: the Standing Committee of the Communist Party's Politburo. The concentration of power on Xi makes their appearance fade somewhat, but nevertheless: Everyone in this exclusive circle plays a clear role in steering the party, developing its ideology, and thus ensuring its hold on power.

By Redaktion Table

Feature

Fiscal policy: on the gas and the brake at the same time

China wants to make its financial markets more solid with the 14th Five-Year Plan and bring the regional governments and the economy down from high debt levels. It also aims to reduce the risk of bubbles. Can this be achieved without slowing down the momentum on the markets?

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