Red wedding dresses, red envelopes for Chinese New Year, red lanterns. The warm color is omnipresent in the People's Republic – even in politics. In socialist countries, people are used to the symbolic color. President Xi Jinping, however, is now applying a particularly thick coat of red paint.
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The latest leak on tax havens also features numerous Chinese names. Companies use shell companies in offshore centers to circumvent strict Chinese regulations. But China's princelings also like to take advantage of the haziness of tax havens.
By Nico Beckert
For many years, nothing worked in China without involving the Danwei: Applying for a passport, getting married, getting divorced – permission from the work unit had to be obtained first. With the start of China's economic reforms, it lost importance. In the wake of the Covid pandemic, however, these small social units got a new boost: Is the Danwei celebrating a comeback with digital support?
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During her time as chancellor, Angela Merkel has accompanied China's rise to become a major power. In 16 years, she always sought a middle path between cooperation and confrontation – and always had German companies in mind. At the same time, she showed a genuine interest in the country. A stronger China policy is expected after the end of her chancellorship.
By Christiane Kuehl