Tag

Infrastructure

Ulli Reichert Wirtgen China
Feature

'I hope that the Chinese government will not allow a major economic downturn'

Ulrich Reichert has been China CEO of Wirtgen Group, a manufacturer of road construction machinery, for 32 years. Reichert is currently experiencing one of the most severe economic downturns he has had to manage in his long career. Sales in the infrastructure sector have recently slumped considerably. The last time he experienced a similar crisis was ten years ago, after economic stimulus programs were phased out as a result of the global financial crisis. Frank Sieren spoke with Reichert.

By Frank Sieren

Feature

'Global Gateway' – Brussels answer to the Silk Road

The presentation of the infrastructure initiative was postponed several times. Behind the scenes, funds were mobilized. But now Brussels is putting a hefty €300 billion on the table for the "Global Gateway". The plan is to globally invest in digitalization, green technologies and transport links.

By Amelie Richter

China in den VAE
Feature

Arab Emirates follow China's blueprint

The Arabian Peninsula offers companies great potential for new business relationships. But while Europeans only make money selectively, Chinese companies invest across the board in all sectors of the local economy. They provide their own information technology – and with it, the surveillance state and their own standards.

By Marcel Grzanna

Feature

Railway line between China and Laos about to open

After six years of construction, China has completed its first high-speed railway line with an international connection. It leads to Laos. Elsewhere, however, ambitious railway plans are at a standstill, partly because of the Covid pandemic. But in the future, construction work will resume. The People's Republic wants to draw in neighboring countries with a high-speed train network.

By Frank Sieren