With Xiaomi, Donald Trump blacklisted one of the world's largest mobile phone manufacturers for US investment. Will Joe Biden reverse the restrictions? For American suppliers and investors, a lot is at stake. For Beijing, the decision will show whether the new US administration will continue the confrontational course in US-China relations.
Von Frank Sieren
Following the discovery of the British mutation of the coronavirus in Beijing, starting next week, international schools will be closed and entire neighborhoods sealed off. There will also be mass testing, curfews and strict tracking of infected people in Shijiazhuang. There is little knowledge of protests or resentment against the lockdown just before Chinese New Year, the most important travel period of the year.
Von Frank Sieren
A good half million containers are stuck in the wrong parts of the world. Capacities are fully booked for months – so costs are rising steeply for importers.
Von