With the presentation of the coalition agreement, the policy of the future German government is taking shape. Regarding China, the government is seeking to close ranks with Brussels, both in wording and orientation. One novelty is the explicit mention of Taiwan. The call for more China expertise in Germany is also new. However, one question remains unanswered in the policy paper: What will become of the CAI investment agreement?
By Redaktion Table
The BDI presented five concrete demands to the future German government at its climate congress on Tuesday. In addition, the business representatives voiced clear criticism of the current climate policy, which is not sufficient in any sector. A scrappage premium to combat the high number of combustion cars was also brought into play.
By Timo Landenberger
The EU Parliament waved through the reform of the Common Agricultural Policy (CAP) on Tuesday with a clear majority. Now all that is needed is the approval of the Council, and then there will be nothing standing in the way of the new CAP from 2023. However, the member states have a certain amount of leeway when it comes to implementation.
By Lukas Knigge
The EU Commission wants to enable member states to better promote projects in the interest of environmental and climate protection. However, industry fears that energy-intensive companies will fall victim to the reform. The authorities are now taking action – but criticism remains.
By Till Hoppe
China's wellness industry is booming. After yoga, mindfulness is the latest trend. Mindfulness apps and meditation centers are vying for the Chinese's inner peace. The government hopes spiritual self-help will ease the burden on its poorly developed healthcare system. However, no movement is allowed to become as big as Falun Gong.
By Fabian Peltsch
The company HT Aero plans to introduce a flying car to the market soon. In other words, a vehicle that is both capable of driving on the road and flight. What sounds like science fiction is now being pushed forward not only in China, but by carmakers worldwide. In China, however, the development pressure is the highest due to overcrowded cities.
By Frank Sieren
Most recently, negotiations on the Digital Services Act stalled in Parliament. But now there are signs of movement: New compromise proposals are supposed to clear the way for the trilogue as quickly as possible.
By Jasmin Kohl
Digitization and the energy transition are leading to a steadily increasing demand for critical raw materials. But the EU is already heavily dependent on imports from individual regions. This is set to change. Today, the Parliament is voting on its position on the raw materials strategy, which focuses in particular on the extraction of Europe's own deposits.
By Timo Landenberger
China continues to expand the usage of its digital central bank currency. With the state-owned e-yuan, Beijing wants to curb the financial power of private companies like Alipay. In the long term, it wants to push the internationalization of the yuan. Central bank chief Yi Gang now revealed the first details of these goals.
By Frank Sieren
In China, art fairs such as the recent one in Shanghai are once again attracting visitors, although due to Covid restrictions they come almost exclusively from within the country. For years, artworks by renowned foreign artists were considered a safe investment by Chinese collectors. But more and more young collectors are now turning to domestic art – and political developments are causing concern in the industry.
By Ning Wang
