One lesson from the Covid crisis for Beijing is about more automation. The robotics industry is growing rapidly. German exporters are still benefiting, but China is investing heavily in its robot production. The consequence of automation could be a rise in unemployment.
By Frank Sieren
The Chinese vaccine manufacturer Sinovac cannot credibly prove the initially assumed effectiveness of its Covid vaccine. This unsettles the population, especially in emerging countries that Sinovac wants to supply.
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Beijing presented a data protection law based on the regulatory principles of the EU. Citizens are to be given more rights vis-à-vis companies. The state, on the other hand, will not relinquish its privileges in data protection.
By Frank Sieren
China's economic growth will pick up speed in 2021. Experts expect the government's new five-year plan to provide incentives for investment, including for foreigners. The focus will be on smart manufacturing, artificial intelligence, cloud technologies, smart mobility and renewable energies. Beijing also focuses on research cooperation.
By Redaktion Table
