News
In light of the horrendous oil price, the US has initiated an internationally coordinated release of strategic reserves. China has also shown itself open to the idea. But Beijing has yet to make a firm commitment. At the same time, it is uncertain whether the Chinese oil will even find buyers quickly.
By Christiane Kuehl
Digitization and the energy transition are leading to a steadily increasing demand for critical raw materials. But the EU is already heavily dependent on imports from individual regions. This is set to change. Today, the Parliament is voting on its position on the raw materials strategy, which focuses in particular on the extraction of Europe's own deposits.
By Timo Landenberger
Every three years, the political leaders of China and African countries meet at the Forum on China-Africa Cooperation. This is the highest-level meeting between the nations. It will be held again in November, but an exact date has not yet been set. Nico Beckert spoke with Marina Rudyak from Heidelberg University about China's lending in Africa, the New Silk Road, and African demands on China.
By Nico Beckert
China's power shortages are causing new disruptions to international supply chains. The chip supply is also affected. Some companies are still utilizing their stock. But the crisis is getting worse by the day. This also has an impact on Christmas sales.
By Nico Beckert