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A big step for the opening of China's financial markets: Shenzhen has become the first Chinese city to issue a bond to international investors. Until now, borrowing by Chinese municipalities has been an internal affair. Foreign participation could bring a new professionalism to local government financing. But it also ties the global financial market more closely to China – for better or worse.
By Frank Sieren
Beijing is also spreading its narratives on Western social media. Especially since the beginning of the Covid pandemic, disinformation campaigns aimed at showing China in a better light have increased on the web. The success, however, has been moderate, as observers note. Nevertheless, they warn of a potential tech dependency of the West.
By Amelie Richter
According to figures, China is one of the most generous donors of development aid. Or is it? An event organized by the Kiel Institute for the World Economy (IfW) provides new insights. The loans often do not have particularly favorable conditions. Moreover, there is a lack of transparency. Even Chinese officials are often unsure which funding agency grants which sums to which beneficiaries.
By
While China is pounding its chest, EU institutions and member nations are trying to improve their ties with Taiwan. The US is simultaneously supporting the greater integration of the island nation into the United Nations. And Beijing is reacting with its usual harsh rhetoric.
By Redaktion Table