The Covid crisis is hitting the international shipping industry hard – including Genting Hong Kong. The owner of the East German MV Werften is experiencing payment difficulties. As a result, the traditional German shipyards had to file for insolvency on Monday, after a long period of anxiety.
By Michael Radunski
Dealing verbally with the People's Republic of China is a tightrope act, especially for large German corporations. They are not particularly adept at it, says political scientist Thorsten Benner. The most recent example is Siemens CEO Roland Busch, whose statements about forced labor in Xinjiang are now exploding in his face. Especially since they are not entirely sincere.
By Redaktion Table
China is one of the biggest drivers of climate change. At the same time, the People's Republic is more severely affected by the impact of the climate crisis than other countries. It could face costs in the trillions over the next few decades if the global community does not intensify climate protection. This is shown in a new study by Tsinghua University.
By Nico Beckert
The European Union plans to launch the first projects of its Global Gateway infrastructure initiative in mid-2022. However, many details of Europe's counterpart to the Chinese Silk Road are still open. Nevertheless, the German economy is confident about the project.
By Amelie Richter
