German investors hope for consumption revival
The growth target set by the National People's Congress can only be achieved if consumption increases. This is good news for German companies – which understand them as a signal for more investment.
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The growth target set by the National People's Congress can only be achieved if consumption increases. This is good news for German companies – which understand them as a signal for more investment.
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The National People's Congress opening day in Beijing is the day of numbers. Alongside the plans for economic growth, the military budget is also presented. The latter arouses fears and concerns – especially in the region.
By Michael Radunski
Premier Li Qiang made it clear at the start of the People's Congress: Beijing will not launch a comprehensive economic stimulus package despite loud calls. China does not want to increase its debts any further. Subsidies will flow selectively, especially into new technologies.
By Jörn Petring
There will be no anti-dumping duties on Chinese solar modules with the current EU Commission. Instead, Commissioners Simson and Breton are urging the member states to promote domestically produced systems themselves.
By Manuel Berkel
In the USA, an increasing number of insurers are refusing coverage for property damage caused by rain and fire. As a result, many victims of severe weather events are left without insurance coverage. The dilemma: Risks are nearly uninsurable – or they make policies so expensive that nobody buys them.
By Isabel Adler
For the second time, a push to globally assess and discuss the application of solar geoengineering SRM has failed at the UN Environment Assembly (UNEA). Countries distrust each other and argue over the scope and purpose of an investigation. Meanwhile, other actors are making moves.
By Goswami Urmi
The current EU Commission will not introduce trade measures against Chinese solar modules. Instead, the responsible commissioners urge EU member states to subsidize domestically produced solar systems.
By Amelie Richter
China's Premier will not hold a press conference after the National People's Congress. This shows the current state of affairs in China: Intransparency is increasing, whilst the willingness to answer questions is decreasing.
By Michael Radunski
The upcoming National People's Congress will probably offer many small incentives for the economy instead of stimulus fireworks. Signs point to particular support for AI development.
By Christiane Kuehl
At its congress in Rome, the European Socialist Party (PES) family officially selected Nicolas Schmit as its lead candidate for the European elections. The Luxembourg Social Affairs Commissioner is running to become Commission President. In their manifesto for the election, the Socialists call for equality, the rule of law and good jobs.
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