China's plans to become an "industrial superpower" have received much attention. Beijing wants to move into new sectors – for example, AI, robots, new mobility – and make the economy more innovative. But education levels threaten to stifle growth, as Scott Rozelle, a development economist at Stanford University, reports in his new book, Invisible China.
By Nico Beckert
China is not only a partner and economic competitor for Germany but also a systemic rival. This means that global challenges will also have to be solved jointly with China in the future. But no decoupling from China also means a level playing field and stricter reciprocity. Europe must not allow itself to be divided and, in coordination with the US, should find a common China policy.
By Redaktion Table
China wants to make its financial markets more solid with the 14th Five-Year Plan and bring the regional governments and the economy down from high debt levels. It also aims to reduce the risk of bubbles. Can this be achieved without slowing down the momentum on the markets?
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Around ten percent of global GDP is located in tax havens. This is according to international studies. This money hinders the implementation of the 2030 Agenda for Sustainable Development. The international community must increase its efforts to combat corruption and tax evasion.
By Redaktion Table
The European draft for a supply chain law goes further than the German approach – but some questions of detail are still open. Some MEPs are calling for an additional import ban on products from forced labor. For goods from the Chinese province of Xinjiang, the control of the specifications could become problematic.
By Amelie Richter
China is to be further digitized – even underground. The first innovation laboratory in the coal-rich province of Shanxi shows how this can be done: Fully automated mines could not only prevent mining accidents but also increase productivity – and thus make China less dependent on raw material imports. In addition, the technology could also supply the countries of the Belt and Road Initiative (BRI), whose mining sector is mostly still backward.
By Frank Sieren
When the cameras pan to President Xi Jinping at the National People's Congress, six men are visible to his left and right. They are between sixty and seventy years old and belong to the most powerful body in the state: the Standing Committee of the Communist Party's Politburo. The concentration of power on Xi makes their appearance fade somewhat, but nevertheless: Everyone in this exclusive circle plays a clear role in steering the party, developing its ideology, and thus ensuring its hold on power.
By Redaktion Table
