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China's electric market is growing and growing and growing. Nevertheless, not all electric start-ups make the cut. Some are lost on the way. Reasons are too high costs, management problems or excessive ambitions. Only those who get a grip on all these issues have a chance on the merciless predatory market. In the meantime, the stories of the once highly acclaimed bankrupt companies are sounding more and more like soap operas.
By Christiane Kuehl
China's new ambassador to the US, Qin Gang, sends a conciliatory signal at the beginning of his term in office with a message of greeting to a panda bear. But when it comes to COVID-19, it becomes clear that this new ambassador is also able to display a fierce attitude towards Washington. After all, unlike diplomats of democratic systems, Qin enjoys considerably less leeway in his work.
By Marcel Grzanna