Xi Jinping gathered six yes-men around him in the Standing Committee. Nevertheless, each member brings his own profile to the table. The first predictions indicate tough times ahead for trade policy – and the German economy.
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After massive criticism of the sale of shares in the Port of Hamburg to the Chinese state-owned company Cosco, a last-minute compromise now seems imminent. According to the compromise, the Chinese side would take a smaller share in the terminal and thus settle for minor influence. At the same time, Germany wants to push for a "European port initiative" to prevent China from playing European port locations off against each other.
By Redaktion Table
After massive criticism of the sale of shares in the Port of Hamburg to the Chinese state-owned company Cosco, a last-minute compromise now seems imminent. According to the compromise, the Chinese side would take a smaller share in the terminal and thus settle for minor influence. At the same time, Germany wants to push for a "European port initiative" to prevent China from playing European port locations off against each other.
By Frank Sieren
Bartholomäus Grill is Germany's best-known Africa correspondent. Over the past 40 years, he witnessed how China continuously expanded its presence on the continent. Nevertheless, he believes that prejudices about Chinese neo-colonialism are wrong. In the new "race for Africa," the People's Republic is taking a more far-sighted approach than the Europeans. Fabian Peltsch spoke with Grill.
By Redaktion Table
The question of who will be China's new premier in March 2023 is an important one, especially for the German economy. The earliest indication of who might become premier will come at the end of the current 20th Party Congress: When the new Politburo Standing Committee presents itself to the public. Businesses see one candidate particularly promising to get China's economy back on track: Vice-Premier Hu Chunh
By Frank Sieren
