The market value of EV maker Nio grew by more than 1000 percent in 2020. A sedan with a solid-state battery, a novel battery swap concept and the development of a community are expected to boost sales further. The company plans to enter the European market in the second half of 2021.
By Redaktion Table
The New Silk Road leads to new debts for developing and emerging countries. But there is no Chinese master plan behind it. China is also taking high financial and reputational risks.
By Nico Beckert
History teaches: Countries with strong growth threaten the establishment, and the danger of war increases. China's economic and geostrategic interests threaten the US in particular today. Europe must find its role as a mediator.
By Nico Beckert
On Monday, the long-planned Emissions Trading System (ETS) will be launched in China. For now, only companies from the energy sector will participate. Standards and prices are set low to keep the entry hurdle low. Stricter rules mean that heavy industry won't be able to avoid the program.
By Christiane Kuehl
Chinese tourists were ridiculed in many places in Europe. Now that they are staying away because of Covid, the tourism industry is suffering. In Switzerland and Berlin, the number of overnight stays by guests from the Far East fell by up to 98 percent last year compared to the same period in the previous year. In China, there are strict quarantine rules for returning travelers.
By Felix Lee
