The machine manufacturer Reifenhäuser from the German city of Troisdorf near Bonn plans to expand in China. The background to this is the Covid pandemic: The company’s machines can produce filter materials, such as those used in respiratory protection masks, among other things. “The world’s highest production share for nonwoven applications is definitely in China,” […]
While many central banks are still investigating the possibility of issuing a digital currency, China has rolled out a digital currency via a series of pilot programs since last year. The eRMB (my term as opposed to the more awkward official DC/EP) by itself will not help the renminbi to challenge the US dollar’s global […]
Chinese carmakers are making a new attempt at the European market. But unlike in previous years, new young brands with innovative concepts venture into the EU market. On Thursday, the electric start-up Nio announced its entry into Norway – the first market outside China. Norway is the most open to EVs, Nio founder William Li […]
Jīn Lìqún (金立群) prefers to talk about literature over politics: “Ever since I was a child, my dream was to become a professor. I loved to deal with books and was not good at dealing with people.” Like most intellectuals of his generation – Jin was born in 1949 – his time in an agricultural […]
The machine and plant manufacturer EPC Engineering & Technologies from Arnstadt in Thuringia is commissioning two new plants for the production of polycarbonate in China. According to the company, the first plant in Zhoushan, south of Shanghai, already started production in April. The plant was built on behalf of the oil company Zhejiang Petroleum & […]
The European Medicines Agency (EMA) plans to assess in the coming months whether it will approve the vaccine of Chinese manufacturer Sinovac in the EU. “We will assess the extent to which EU standards for efficacy, safety and quality are met,” the EMA said in Amsterdam on Tuesday. However, it did not give a date […]
One could almost think that the Chinese policy is in the hands of one family at Berlin’s universities. Genia Kostka has headed the Institute of Chinese Studies at Freie Universität since 2020, while her wife Sarah Eaton is a professor on the same topic at Humboldt Universität. Whenever the 42-year-old gets stuck in her research […]
China is currently the largest contributor to global economic growth. Nevertheless, it is far from certain that the country will succeed in becoming the “dominant power” of the global economy. This is the assessment of the authors of a current economic study of the Landesbank Baden-Württemberg (LBBW), which will be published this Tuesday and is […]
Economic reporting about China focuses far too much on total GDP and not enough on per capita GDP, which is the more revealing indicator. And this skewed coverage has important implications, because the two indicators paint significantly different pictures of China’s current economic and political situation. They also focus our attention on different issues.A quick […]
It’s been half a year since Lang Kwai Fong really celebrated: on Halloween night on October 31, tens of thousands paraded through the bars of Hong Kong’s trendy district until the early hours of the morning. However, the Chinese Special Administrative Region had to pay a high price for the boisterous hours: COVID infection figures shot […]
