News
Covid vaccinations and medications are currently in higher demand among Chinese tourists in the gambling mecca of Macau than a spot at the roulette table. Casino owners hope that the new year will also bring the longed-for recovery. And with them, the entire city, which has made its productivity and prosperity almost completely dependent on the gambling passion of Chinese customers.
By Redaktion Table
The pandemic has hit the city's casino operators hard. Now Beijing is launching a crackdown on money laundering and illegal gambling. The Chinese special administrative region is about to change fundamentally.
By Redaktion Table
A big step for the opening of China's financial markets: Shenzhen has become the first Chinese city to issue a bond to international investors. Until now, borrowing by Chinese municipalities has been an internal affair. Foreign participation could bring a new professionalism to local government financing. But it also ties the global financial market more closely to China – for better or worse.
By Frank Sieren
The number of Chinese "unicorns" is rising. Especially in the Greater Bay Area of the Pearl River Delta, highly valued start-ups find a thriving ecosystem. The US is still far ahead in the number of unicorns. However, China is catching up in leaps and bounds.
By Frank Sieren