During the Covid epidemic, the Chinese state has enabled local governments to borrow at record levels. They are supposed to use it to pay for infrastructure projects and thus boost the economy. As a result, China's economy has grown as desired but so has the debt burden. Depending on how it is calculated, it even exceeds US debt as a share of GDP. But China has some decisive advantages.
Von Frank Sieren
It is supposed to be the Android killer and free the company from part of its US dependency. Indeed, Huawei showed many interesting and useful features during the presentation of HarmonyOS. A gradual market launch is now starting in Asia. But how new is the new product really? Experts smell a label fraud.
Von
Kapitalismus vs. Sozialismus ist heutzutage zu kurz gedacht. China hat mittlerweile seine Fähigkeit bewiesen, politische Ziele auch in konkrete Projekte und Programme zu übersetzen - mit sichtbaren Vorteilen für die gesamte Bevölkerung, nicht nur für die Eliten. Für die USA könnte es schwer werden, sich daran zu messen, solange sie an ihrer Identität als System der freien Marktwirtschaft festhält.
Von Redaktion Table
Climate change is bringing a new region into the focus of geopolitics: the Arctic. Long covered by meters of ice, its raw materials are now arousing desires. China, too, wants to get involved as a major power and incorporate the region as the Polar Silk Road into President Xi Jinping's prestige project. But it won't be quite that easy.
Von Michael Radunski
