China's economy is one of the most dynamic and important in the world. In recent decades, China has transformed itself from an agrarian society to an industrial superpower and a global leader in technology development. Today, China has the second largest economy in the world and is a key driver of global economic growth, characterized by a combination of state control and market forces, with technology, trade, infrastructure and innovation being key areas. At the same time, the country faces new challenges, including environmental issues, inequality and the need to promote sustainable development. With its growing economic power, China has also increased its influence on the global economic order. China's relations with other countries are increasingly characterized by trade, investment and economic partnerships, and we provide the latest news, in-depth analysis and forecasts on the Chinese economy.
South Korea: Hiring skilled workers is becoming a difficult task
The lowest birth rate in the world is causing problems for the South Korean economy. Even subsidies for artificial insemination cannot reverse the trend. German companies are preparing for even tougher competition for talent.
By Marcel Grzanna