In December 2022, China’s newly added “Total Social Financing” (TSF) declined significantly compared to the same period in 2021. Although China lifted its strict three-year-long zero-Covid policy in early December, the momentum for China's economic growth remained relatively weak so far, signified by the slow credit growth.
By Experts Table.Briefings
Economic reforms have long led to the dismissal of the ideologies of the Chinese Communist Party as insignificant or irrational. A risky misconception, says Dr. Carolin Kautz, China expert at the University of Goettingen. After all, the party under Xi Jinping is consolidating its central claim to power with enormous pressure to be loyal and digital indoctrination more than ever.
By Experts Table.Briefings
After zero-Covid, full Covid has taken its toll on the economy. But as immunity progresses, economic recovery is considered certain for 2023. However, the declining population is a cause for concern in the long term.
By
China surpasses Germany in car exports – this news caught the attention of the automotive industry at the start of the week. But while China's numbers included commercial vehicles, Germany's did not. So Germany remains ahead of China for the time being, but this is no reason for the German auto industry to rest easy.
By Frank Sieren
