In 1957, Mao ordered 60 million Chinese to "cook steel" and built 240,000 small blast furnaces. That was the beginning of a steel addiction that has driven China's steel production up year after year ever since. With state-subsidized steel, Beijing floods the world market. Now, Xi Jinping says this has to stop because the steel glut is counteracting his goals for reducing CO2 emissions.
Von Antje Sirleschtov
The technology companies Xiaomi and Foxconn are shaking up the Chinese market for electric mobility. Xiaomi wants to invest billions in the development of EV production – but then probably outsource the production itself. Foxconn has developed an open software and hardware platform and is forging more and more partnerships for it. Siemens, Bosch, and Leoni are ready.
Von Christiane Kuehl
Parag Khanna was a foreign policy advisor in Barack Obama's first presidential campaign. The political scientist is the founder of the strategy consulting firm FutureMap. In an interview with China.Table, he says Europe's sanctions against China are ineffective and merely a self-satisfaction of the West. To influence the situation in China in the long term, the West must remain present.
Von Michael Radunski
Parag Khanna war außenpolitischer Berater in der ersten Präsidentschaftskampagne von Barack Obama. Der Politikwissenschaftler ist Gründer des Strategieberatungsunternehmens FutureMap. Im Gespräch mit China.Table sagt er, Europas Sanktionen gegen China seien unwirksam und lediglich eine Selbstbefriedigung des Westens. Um die Lage in China langfristig zu beeinflussen, müsse der Westen präsent bleiben.
Von Michael Radunski
