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One of Beijing's cemeteries holds a dark secret. In eight graves lie urns with the ashes of young men. They died in a hail of bullets on the night of June 4, 1989, when the army put down student protests at gunpoint. The police only allow their parents and relatives to visit these graves. The massacre is taboo. In Hong Kong, the traditional candlelight service planned for today in Victoria Park has been banned, as it was in 2020. The cemetery is the only place in China where remembrance still has a public place.
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In hardly any other developed region of the world is the vaccination campaign progressing as slowly as in Hong Kong. Companies are now offering luxurious incentives: for example, those who want to be vaccinated can win an apartment worth more than €1 million or get extra vacation days. Whether the offer will have the intended effect is questionable. In Hong Kong, the waiver of vaccination also has a political connotation.
By Redaktion Table
It is supposed to be the Android killer and free the company from part of its US dependency. Indeed, Huawei showed many interesting and useful features during the presentation of HarmonyOS. A gradual market launch is now starting in Asia. But how new is the new product really? Experts smell a label fraud.
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During the Covid epidemic, the Chinese state has enabled local governments to borrow at record levels. They are supposed to use it to pay for infrastructure projects and thus boost the economy. As a result, China's economy has grown as desired but so has the debt burden. Depending on how it is calculated, it even exceeds US debt as a share of GDP. But China has some decisive advantages.
By Frank Sieren
Institutional arrangements are complex systems, shaped by history, geography, and culture. The objective should not be to identify a one-size-fits-all approach, but rather to devise the combination of characteristics that would deliver the greatest good for the greatest number of people, with the right checks and balances.
By Redaktion Table