There are not many people in China as knowledgeable about the financial system as Lou Jiwei. After graduating, he began his career in 1984 at the Institute of Finance and Trade Economics of the Chinese Academy of Social Sciences. From 1992, he was deputy director of the Beijing Municipal Economic Reform Bureau and director of […]
The crackdown on Hong Kong’s democracy movement has hit many Hong Kong citizens hard. Some surveys conclude that hundreds of thousands want to emigrate because of Beijing’s heavy hand, or at least are thinking about it. In contrast, the permanent political quake has not had any negative impact on the Hong Kong stock market so […]
China has a new street sweeper. Since the Spring Festival, the feature film “Hi, Mom” (你好, 李焕英) has been clearing the country’s box office. It grossed ¥5.27 billion (about €700 million) in barely five weeks by last Tuesday and is expected to be distributed internationally. The film starts with a flashback to a severe traffic […]
“When I started studying sociology, I didn’t know what I wanted to be,” says Philipp Staab about the beginning of his academic career. The gamechanger, he says, was his second sociology course, the title of which was “Utopia, Ideology and Revolutionary Violence”. The analytical, fundamental thinking excited him, and today Staab is a professor of […]
China and Russia will jointly build a space station on the moon. As announced by the Chinese space agency CNSA, Zhang Kejian, head of CNSA, and Dimitri Rogozin, head of the Russian space agency Roskosmos recently signed a memorandum of understanding on such cooperation.With the Russian space agency Roskosmos, China has thus found a strong, […]
Over the course of his presidency, Donald Trump raised US tariffs on imports from China several times, from an average of about 3 percent when he took office in January 2017 to over 20 percent by the end of 2019. As a result, the current average US tariff on Chinese goods is essentially at the same level […]
Germany is one of the most important target countries for Chinese investors and ranks tenth among all Chinese investment countries in terms of capital stock abroad. This is the conclusion of a study by the Kiel Institute for the World Economy (IfW) in cooperation with Peking University (China’s Investments in Germany and the Impact of […]
Stefan Kahl has two hearts beating in his chest: one for Chemistry, one for China. Bringing both passions together is not easy. All the more reason for him to appreciate the niche he has found at Tribotecc. The Austrian company sells metal sulfides worldwide, which are used for brake pads and discs, among other things. […]
Che Dalha wants to start building the world’s largest dam as soon as possible. Work on the mega-project must begin “before the end of this year”, the vice leader of the Communist Party in Tibet demanded at the annual meeting of the People’s Congress in Beijing. The dam is part of the 14th Five-Year Plan […]
A German children’s book from the Carlsen publishing house tried to explain the coronavirus. In it, there was a sentence that at first glance seemed harmless: Children are told that the virus that has turned our lives upside down, leading to drastic restrictions on everyday life, unemployment, and financial hardship for parents, and the loss […]
