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In Germany, filing for bankruptcy would be unavoidable by now at the latest: Around the globe, Evergrande's creditors are waiting in vain for their money. Behind the scenes, the government is preparing to restructure the group.
By Redaktion Table
In the unprecedented trade dispute between EU member Lithuania and China, Beijing is now trying to put pressure on companies from other EU states. The EU wants to mediate, but according to media reports, an attempt at talks with the Chinese customs authority has been turned down. Will a WTO complaint now be filed?
By Amelie Richter
China wants to avoid a bad atmosphere among the population, and Xi Jinping himself advocates diligence instead of idleness. Nevertheless, the subversive term "tangping" has made it onto the list of Internet words of the year. It means "lying flat" and stands for a new social protest in the form of cultivated laziness. The young generation has had enough of constant strain and forced conformity to a competitive society. Johnny Erling shows how cartoonists pick up on the trend word in their drawings.
By
This week, Brussels was supposed to present its approach to an EU supply chain law - but the presentation of the Commission's proposal was postponed. Meanwhile, the German supply chain law has been passed and will come into force in just over a year. How are companies in China preparing for implementation? There are still a lot of unanswered questions, including how human rights violations will be detected in the first place, says Jens Hildebrandt. The interview was conducted by Amelie Richter.
By Amelie Richter
Staff changes at VW: Ralf Brandstaetter, the former head of the core VW brand, becomes the group's new China board member. He is supposed to secure the company's market leadership in China. It is said to relieve Herbert Diess, the Group's battered CEO, of some of his workload. But he will also lose influence. And Audi China is getting a new president in the process.
By Redaktion Table