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The Western sanctions policy against Russia has bound the Russian economy closer to China. Russian energy companies are issuing bonds in Chinese yuan. But this development is not particularly beneficial for the yuan's path to becoming an international currency. The more yuan circulates in Russia, the harder it will be for Beijing to control its own currency.
By Experts Table.Briefings
China is slipping into deflation, the risk of a crippling downward spiral of prices. The main cause is the troubles on the real estate market. However, house construction will stall for a long time, because a giant bubble has burst there. And at the same time, the modernization of industry is not progressing fast enough.
By Felix Lee
The West has neglected space. A strategic mistake, says Niklas Schoernig. Because China is about to replace the United States as the leading power in orbit. Michael Radunski spoke with the conflict researcher about what goals the People's Republic is pursuing and what implications this will have for the international order. Schoernig warns: 'Space has long since become a critical infrastructure.'
By Michael Radunski