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.
Von Frank Sieren
The People's Republic is increasingly turning inwards with its economic strategies. Is Beijing's "zero-covid" strategy actually meant to quickly and fully cut itself off from the rest of the world? Experts from academia and business see conflicting forces at work. The travelers will return – but not the admiration for the West.
Von Redaktion Table
Mit ihren Industriestrategien wendet sich die Volksrepublik zunehmend nach Innen. Steckt hinter Pekings Zero-Covid-Strategie nun das Kalkül, sich dabei noch schneller und umfassender vom Rest der Welt abzukoppeln? Experten aus der Wissenschaft und Wirtschaft sehen widerstreitende Kräfte am Werk. Die Reisenden werden zurückkehren – die Bewunderung für den Westen nicht.
Von Redaktion Table
