News
Supply bottlenecks, widespread power outages, tech companies under pressure, the real estate sector deep in crisis – the world's second-largest economy is currently experiencing a multitude of problems. Many of them are homemade and can be traced back to the government's lust for control. For President Xi, control is essentially more important than growth. But where does he draw the line?
By Felix Lee
China's "Personal Information Protection Law" comes into force. It is intended to protect consumers' rights vis-à-vis companies. Large companies such as Tencent have already revised their data protection regulations. The law also has an impact on foreign companies. It is similar to the European data protection law in terms of the relationship between companies and customers. However, the state still exempts itself from the obligations in China.
By Frank Sieren
The ongoing power shortage and the crisis surrounding real estate developer Evergrande are currently dominating headlines. Even if some assessments turn out wrong, long-term problems still loom. China's policymakers must act now, says Yu Yongding, who for years headed the Institute of World Economy and Politics at the Chinese Academy of Social Sciences in Beijing.
By Redaktion Table
Zhang Jun warns of not only paying attention to superficial phenomena of China's economy. The economist explains what underlies China's often overlooked irrepressible dynamism.
By Ning Wang
This week, the Shanghai Cooperation Organization summit is taking place in Tajikistan – largely unnoticed by the West. That is a mistake. After all, a new power is forming here. And China is playing a key role.
By Michael Radunski