
China wants to build a powerful chip industry. In the automotive sector, a chip alliance is supposed to network the entire supply chain. The first partnerships are already in place. Automotive expert Ferdinand Dudenhoeffer expects Chinese semiconductor companies to become global market leaders in five years. In an interview with China.Table he explains why.
Von Christiane Kuehl
China's new digital renminbi by itself will not help the currency to challenge the US dollar's global dominance. Its true significance instead lies in its potential to shift the competitive balance of power between the country's technology giants and traditional banks.
Von Redaktion Table
Beijing has passed a law that aims to punish food waste with heavy fines. The main reason is not concern about a food shortage, but the fear of becoming too dependent on foreign countries due to the consumption needs of the growing middle class. China has to import more and more food.
Von Frank Sieren