News
The US is trying its hardest to contain China's economic and technological rise. But protectionist policies and trade and investment restrictions will not cause any lasting damage to the Chinese economy. This is because the technological strength of China's economy has already passed a critical threshold. It is only a matter of time before China catches up technologically with the US, writes Zhang Jun, Dean of Economics at Fudan University Shanghai.
By Redaktion Table
The advocates of decoupling from global events have suffered a setback. The faction that advocates greater internationalization is suddenly calling the shots in the party again. The clearest sign of the trend is the green light given by Vice Premier Liu He to foreign IPOs. These had previously faced opposition from the faction of autarky-minded nationalists last year. Now, first companies are daring to return to the international trading floor.
By Frank Sieren