In China, too, there is hardly a political topic as emotionally discussed as the high housing and rental prices. The new Five-Year Plan addresses the issue and promises more affordable housing. Despite rapidly rising prices, the burst of a bubble is considered unlikely. Beijing is too worried that social unrest could occur in such a case.
By Redaktion Table
Many older Chinese feel left behind by the country's rapid digitization. China's government wants to close the "digital divide" between young and older people by 2022. This means more social integration, but also more consumption – and thus follows the logic of the 14th Five-Year Plan. For companies, at any rate, the target group of senior citizens is a long underestimated growth market.
By Frank Sieren
The city has an additional €850 million at its disposal from an unnamed source to enforce the new security law. What the money will be used for became clear on Monday when a large police contingent accompanied the hearing of 47 opposition members in Hong Kong.
By Marcel Grzanna
There are many indications of a new technology giant emerging in China. The merger of two giant state-owned enterprises is expected to reduce dependence on the US, Japan and Taiwan for chips, surveillance and military technology. Among other things, CETC and Potevio supply the security forces with drones or AI cameras and dominate the production of semiconductors.
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