Yuen Yuen Ang is a professor of Chinese economics at the University of Michigan. As an author, she focuses on the global implications of China's rise. Ang also looks at the problems posed by China's rapid industrialization and explains why arbitrary decrees from Beijing's political leadership stand in the way of the country's global rise.
By Redaktion Table
The director of the Institute of World Economy and Politics at the Chinese Academy of Social Sciences, Yu Yongding, expresses concern about China's growth prospects for the second half of the year. He harbors doubts about the zero-covid strategy and urges the right fiscal and monetary policies to ensure that measures also reach small and medium-sized enterprises.
By Redaktion Table
China wants to put a price tag on the environment. The idea behind it: If nature has a financial value, it is more likely to be protected. This not only has consequences for companies able to gain points for their environmental score, similar to the social credit system. But for the careers of Chinese officials, the preservation of "ecological goods" could also soon become just as important as economic growth – one of their responsibilities.
By Nico Beckert
Lange Zeit haben westliche Forscher Chinas Aufstieg zur Finanzmacht unterschätzt. Viele sahen vor allem die Schwächen. Doch inzwischen kann Chinas finanzieller Einfluss nicht mehr ignoriert werden. Der Renminbi gewinnt an Kraft. Und Peking plant längst das nächste finanzpolitische Großprojekt.
By Redaktion Table
More and more leading automotive suppliers are coming from China. Now, for the first time, a Chinese company ranks among the top 10 global companies in terms of sales: Weichai Power. The supplier realized its rapid growth by acquiring German, European and also US companies. The advantage of Chinese suppliers is that their domestic market is the largest growth market in the world and is far from saturated. But they are also making strong gains in exports.
By Frank Sieren