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Given the current geopolitical situation and domestic sentiments in the US as well as China, technological decoupling between the two powers is progressing. While hard barriers for technology exchange like export and investment controls capture the media headlines, research cooperation between the US and China has also been heavily affected by the increasingly antagonistic relationship. One of the results is decreasing bilateral research funding and increasing scrutiny on scientific exchange.
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In recent years, China’s regulatory framework for cyber and data governance has developed rapidly. The Personal Information Protection (PIP) Law took effect on January 1, 2022. More regulations and standards will follow. The intensity of the enforcement is catching up with the rules, inspections are increasing. Companies need to act now to ensure compliance and mitigate risks, but also to leverage new opportunities for data usage and monetization.
By Redaktion Table
For many China observers, antitrust actions largely seem to be a regulatory instrument for the Chinese government to crack down on overly powerful tech giants like Alibaba. However, China’s anti-monopoly regulation overall has become much more powerful and sophisticated, reaching well beyond internet companies. China’s government is forcefully moving against monopolistic structures in many consumer-oriented sectors.
By Redaktion Table
Setting standards in China is a highly political process. While companies play an increasingly important role in the definition of standards, the state retains significant control over the process. State influence allows for the strategic use of standards to advantage domestic firms and disadvantage foreign competitors.
By Redaktion Table
Since Xi Jinping’s announcement that China will reach carbon neutrality by 2060, companies are trying to figure out, how China’s decarbonization agenda will impact their business. But so far, trading is not taking off. Limited scope, high volume of freely-allocated allowance, and limitation of market participants led to a lackluster start of China’s new carbon market, concludes consulting firm Sinolytics.
By Redaktion Table
"Common prosperity" has been China's dominant political phrase in recent months. But it is more than a mere hollow phrase. The concept describes China's search for a sustainable balance between economic growth and social justice.
By Redaktion Table