Consumer demand in China has fallen in recent years. A "special action plan" is now intended to remedy the situation. The document focuses on domestic consumption and childcare.
By Manuel Liu
At the conclusion of the People's Congress, the delegates approved trillions in new debt. The bulk of the money will continue to flow into infrastructure and industrial subsidies. This means that the fundamental shift towards more domestic consumption has once again failed to materialize.
By Jörn Petring
More means to combat the sluggish growth: China's Central Bank plans to lower interest rates "at the appropriate time" and inject liquidity into the financial system. Experts remain skeptical.
By Marcel Grzanna
Starbucks is struggling in the People's Republic with a weak economy and tough competition from local brands such as Luckin Coffee. The coffee chain hopes to revitalize its business with a new partner.
By Amelie Richter
The last time China officially announced pay raises for civil servants was in 2015. Since then, there have been repeated rumors of an increase, but nothing has been officially announced – until now.
By Amelie Richter
The mood among German companies in China is worse than ever. In the medium term, however, many are hoping for a turnaround. The plan is to benefit from the country's innovative dynamism. There is talk of "localization 3.0".
By Jörn Petring
The debt of local governments has reached a level comparable to Greece's debt of 150 percent of GDP at the height of the euro crisis in 2010. Beijing could learn a thing or two from how the EU handled the situation.
By Amelie Richter
The economy is growing, the stock market is booming, and the up-and-coming Indian middle class is enjoying themselves on the beaches of Goa. But where are the jobs? To spark a rise similar to that of China, India must make important decisions.
By Angela Köckritz
China armed itself against the economic downturn with a comprehensive package of measures. What may sound good is half-hearted and does not get to the root of the problems. Risks are once again being pushed into the future.
By Marcel Grzanna
In its first communiqué on the Third Plenum, the Communist Party emphasizes security policy and chastises two former ministers. The term "development" is experiencing a renaissance, while "reform" is fading into the background.
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