On Tuesday, the European Parliament will vote on the reform of the Emissions Trading Scheme (ETS) and the introduction of a Carbon Border Adjustment Mechanism (CBAM). However, the underlying proposals have the potential to jeopardize the transformation of steel companies for a carbon-neutral future.
By Redaktion Table
Billionaire Wang Jianling wanted to compete with Hollywood and promised to build the most technically advanced and largest film studios in the world. Qingdao was to become the Chinese Cannes. Not much came of it. Nevertheless, many believed in him.
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Hong Kong law professor Angela Zhang sees the authorities' efforts to discipline Chinese tech companies as "clumsy and very costly." The sometimes opaque regulations of the past 18 months in particular have unsettled the tech industry and investors. Beijing's proposal to chip in with "golden shares" doesn't improve the situation either. Zhang explains where the sticking points lie.
By Redaktion Table
A monetary policy that has been fiscally appropriated – could be an explanation for the high inflation, writes Willem H. Buiter in Standpunkt. This theory is particularly convincing with regard to the ECB.
By Redaktion Table
Semiconductors are among the core commodities in global value chains. Without these small microchips, neither cars nor game consoles or smartphones could be manufactured nowadays. The major industrialized nations are therefore vying for dominance in semiconductor production. But there is little transparency when it comes to government subsidies, especially in China.
By Redaktion Table
Last week, the Conference on the future of Europe was concluded. Now far-reaching reform proposals are on the table. The risk that these will amount to nothing is great. The Russian war of aggression shows how urgently the EU needs reforms. The German government should therefore seize the opportunities offered by the conference.
By Redaktion Table
Hong Kong's history – from its British occupation to its return to China in 1997 and its struggle for self-assertion in the present – is the fascinating story of a city caught between the great powers of East and West. The most recent turning point for the economic metropolis was the inauguration of Xi Jinping.
By Redaktion Table
Brussels Court Bouillon: the leaks of the REPowerEU plan, to be officially unveiled by the European Commission on May 18, brought the Brussels "bubble" to a boil last Wednesday. Yet the "energy diplomacy" supplement, also to be unveiled on May 18, remained largely untouched, despite the fact that it has become a very essential part of the EU's energy strategy.
By Claire Stam
No developing country in the world has received as much support from Germany in the form of expertise, technology transfer and all kinds of aid as the People's Republic has since the beginning of its reforms. Were we too naive in the face of a potential systemic rival?
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