Author

Michael Radunski

Michael Radunski Published: January 19th, 2022

Why China is betting on hypersonic weapons

The US leadership is alarmed – and that’s why everything has to happen very quickly now. In cooperation with Japan, they want to develop a defense strategy against hypersonic weapons as quickly as possible. This is what Secretary of State Antony Blinken and Defense Minister Lloyd Austin agreed on with their Japanese counterparts earlier this […]

Michael Radunski Published: January 18th, 2022

Free ticket sales for Olympics stopped

Because of rising new Covid infections, the Beijing Organizing Committee for the Olympic Games (February 4-20) has halted the free sale of tickets. Considering the serious and complicated situation and for the safety of all participants and visitors, it was decided to stop selling tickets, BOCOG said Monday. The available capacity will be used to […]

Michael Radunski Published: January 18th, 2022

18.01.2022_editorial

The statistics office in Beijing published the latest economic figures on Monday: the year 2021 achieved a plus of 8.1 percent. That sounds impressive and even exceeds the targets set by the government in Beijing. However, Finn Mayer-Kuckuk took a closer look at the data and found: Be it in the real estate sector, infrastructure, […]

Michael Radunski Published: January 18th, 2022

Xi urges industrialized nations

China’s President Xi Jinping opened the World Economic Forum’s (WEF) online conference “Davos Agenda” on Monday. In his address, Xi called for the stabilization of the global economy and pleaded for greater international cooperation. In times of the Covid pandemic, it would be vital to preventing the global economy from suffering another slump, Xi said.China […]

Michael Radunski Published: January 17th, 2022

Birth rate drops to record low

China’s population has once again grown very slowly – by 480,000 to a population of 1.413 billion in 2021. These figures were published by the National Bureau of Statistics of China in Beijing on Monday. Officials are particularly concerned about the birth rate: According to official figures, the number of newborns fell by 11.5 percent […]

Michael Radunski Published: January 11th, 2022

11.01.2022_editorial

On Monday, the traditional German shipyards MV Werften filed for bankruptcy. The search for the reasons ends about 8800 kilometers to the East – to Genting Hong Kong Ltd. It is the owner of the shipyards in Stralsund, Rostock and Wismar. The plan was to turn them into the most modern and successful shipyards in […]

Michael Radunski Published: January 11th, 2022

Genting’s problems drive MV Werften into bankruptcy

The bad news arrived on Monday afternoon: The German shipyard MV Werften in Mecklenburg-Western Pomerania has to file for bankruptcy. For days, the federal government and the state government of Mecklenburg-Western Pomerania had been looking for a way to resolve the messy situation with the owner of MV Werften. But no solution could be found […]

Michael Radunski Published: January 11th, 2022

New Oriental lays off tens of thousands

China’s education sector is under pressure at the beginning of the year. The largest provider of private tutoring has dismissed tens of thousands of employees over the weekend. The founder and chairman of New Oriental Education announced on WeChat that his company had to announce a total of 60,000 layoffs. Profits fell by 80 percent […]

Michael Radunski Published: January 11th, 2022

Dessert

Quickly hang another red lantern here: This conductor decorates the express train from Guiyang to Chengdu. The occasion was the traditional Laba festival, which was celebrated yesterday, Monday. This day is dedicated to the harvest of the past year. An important part is the consumption of Laba oatmeal (腊八粥, làbāzhōu). Such millet oatmeal is not […]

Michael Radunski Published: January 6th, 2022

The overlooked military pact between Japan and Australia

Australia and Japan signed an agreement on Thursday to build up military cooperation. Article II of the so-called Reciprocal Access Agreement (RAA) states that the main goal is to “facilitatemutually beneficial defense cooperation” between the two countries.On Thursday, Australia’s Prime Minister Scott Morrison called the agreement a historic milestone. “This treaty will be a statement […]