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In recent years, the Chinese government has made great strides in introducing the digital central bank currency. Europe should not waste any more time and digitize the euro quickly – and just like the Chinese, in a first step as an ECB interbank standard that commercial banks can then pass on to end customers.
By Redaktion Table
Even if the World Bank now applies a different standard to China and poverty in the most populous country is still far from being overcome, the Chinese leadership has achieved a great deal in the fight against poverty. The goal of urbanizing the rural population is now to give way to revitalizing rural regions.
By Felix Lee
Italy has recently been considered an unsteady partner – not only for Brussels but also in Beijing. With regard to China, the government in Rome has undergone a 180-degree turnaround in just two years: At the end of 2018, the relationship was relatively close, then a "transatlantic conversion" took place, which is now being continued by Draghi. This is also affecting the implementation of BRI projects. In this series, China.Table reports on the relations of all EU member states with China.
By Amelie Richter
Pork is extremely popular in China. The country imports large quantities from Spain, Germany and the USA. Recently, prices have been rising rapidly. For reasons of health, China wants to halve meat consumption by 2030. Will it succeed? An industry for meat substitutes is developing slowly.
By Ning Wang
The Chinese company CATL is the world market leader in EV batteries. In its home market of China, its market share is just under 50 percent. The Chinese are currently building their first plant outside China in Erfurt. According to a report, German engineers have also played a role in the rapid rise of the Chinese supplier. In a very short time, they brought CATL "to a respectable technological level."
By Redaktion Table
The networking of everyday life via 5G systems and extended reality are the hot topics at the world's largest mobile communications trade fair, the MWC, now coming to an end in Shanghai. China now has more operating 5G base stations than the rest of the world combined. In the field of extended reality, Deutsche Telekom is now working with a Beijing startup, while industry leader Huawei is cooperating with Daimler.
By Frank Sieren