News
China's social credit system poses major challenges for companies. Anyone who makes mistakes can end up on a "blacklist". Stigmatization and punishments could follow. But German companies are proving to be model students.
By Redaktion Table
Business representatives frequently accuse the Chinese government of unfairly supporting its domestic companies. And indeed, there are some high-profile cases. But China's subsidies in the field of research and development hardly have any positive effects. The framework conditions for innovation also leave much to be desired. But Beijing is taking great efforts to make its economy more innovative.
By Nico Beckert
"Common prosperity" is currently the main slogan of China's President Xi Jinping. Curbing inequality could significantly shape the country's policies in the coming years. But is Beijing really aiming for a major societal shift? Or are the many speeches about "common prosperity" more an expression of a new populism?
By Nico Beckert