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No other nation is gaining as dramatically as China in the annual Forbes billionaire rankings. Last year, the number of new billionaires in the People’s Republic rose by 202 to 626. Some of the newcomers to the ranking have made their fortunes with unusual business ideas. A toy manufacturer is represented, as well as a liquor producer and two suppliers of e-cigarettes.
By Redaktion Table
Parag Khanna was a foreign policy advisor in Barack Obama's first presidential campaign. The political scientist is the founder of the strategy consulting firm FutureMap. In an interview with China.Table, he says Europe's sanctions against China are ineffective and merely a self-satisfaction of the West. To influence the situation in China in the long term, the West must remain present.
By Michael Radunski
The technology companies Xiaomi and Foxconn are shaking up the Chinese market for electric mobility. Xiaomi wants to invest billions in the development of EV production – but then probably outsource the production itself. Foxconn has developed an open software and hardware platform and is forging more and more partnerships for it. Siemens, Bosch, and Leoni are ready.
By Christiane Kuehl