China's economic growth will pick up speed in 2021. Experts expect the government's new five-year plan to provide incentives for investment, including for foreigners. The focus will be on smart manufacturing, artificial intelligence, cloud technologies, smart mobility and renewable energies. Beijing also focuses on research cooperation.
Von Redaktion Table
Beijing presented a data protection law based on the regulatory principles of the EU. Citizens are to be given more rights vis-à-vis companies. The state, on the other hand, will not relinquish its privileges in data protection.
Von Frank Sieren
European companies in China hardly feel the effects of an often called-for decoupling of international supply chains, despite the debates about supply bottlenecks in the pandemic. On the contrary, according to a survey by the EU Chamber of Commerce in China and Merics, companies are continuing to expand their investments.
Von Redaktion Table
With its crackdown on entrepreneur Jack Ma and his Alibaba empire, the Chinese state is warning all entrepreneurs not to be too brash. In the long term, the country could pay a high price for it.
Von Marcel Grzanna
