Hardly anyone in Germany understands China's economy as well as Doris Fischer from the Julius-Maximilian-Universität of Würzburg. In China.Table, she explains why bad news in individual sectors does not immediately mean that growth will collapse. Unlike other experts, she cannot identify the country's foreclosure. The interview was conducted by Felix Lee.
By Felix Lee
Scotland has its whisky, France wine, cognac and champagne. In China, the Maotai is the national drink. It is both a luxury item and a symbol of corruption. But so far, the national liquor hasn't conquered the global market yet. Henry Kissinger and Ronald Reagan know why the strong beverage has not yet been successful on the export market.
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If the leadership in Beijing has its way, China's economic growth will rest more than ever on the shoulders of domestic consumers. After all, domestic consumption is the least affected by foreign policy influences. Today's Singles Day, the world's largest shopping event, shows the current state of Chinese consumers. This date has also become very important for Western companies.
By Frank Sieren
Not even universities are spared the re-ideologization of the People's Republic. If you want to work in China as a Western academic, you should be aware of this – and to a certain extent have to come to terms with it, says Ruth Schimanowski. She is heading the Beijing office of the German Academic Exchange Service (DAAD). In our CEO-Talk, she explains why Chinese scholars are good for the German academic landscape and why there is a renaissance of German as an academic language. The interview was conducted by Frank Sieren.
By Frank Sieren
Black ink on a red background. That is how Chinese business cards once looked like, back when they were presented by emissaries of the imperial court. Name cards were already used in China thousands of years ago. However, the gesture of handing them over – with both hands – was copied. Nowadays, however, all that is needed to exchange contacts is a tap on the smartphone.
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