No other country is building new airports as fast as China. By 2035, their number is set to rise from 241 at present to 400. The government sees a need to catch up, especially in smaller cities. The train network and highways are also to be greatly expanded. If the infrastructure plans are implemented, the construction boom will continue unabated.
By Redaktion Table
The protected domestic market is an ideal growth and innovation environment for Chinese firms. When they enter the global market, they have massive advantages, warn think tank ECFR and Rhodium Group in a joint study. Sectors such as solar, rail networks, and telecommunications are particularly threatened by Chinese competition. In the paper, the analysts point out concrete solutions on how the EU Commission can act against China's home advantage.
By Amelie Richter
Instead of six percent, China's economy could grow by over eight percent this year. But exports are unlikely to drive growth as strongly as last year. Private households are not expected to provide an immense growth boost either. To compensate for the lack of aggregate demand, the central bank will have to put more money into infrastructure.
By Redaktion Table
China's judicial authorities want to integrate artificial intelligence into everyday legal practice in the future. This offers great opportunities for the growing "legal tech" market. Especially in the field of data analysis, its use is already advanced. But what makes the work of lawyers and judges easier also harbors risks.
By Frank Sieren