China is getting past the Covid pandemic. During the May Day holiday, consumer sentiment has, in some cases, surpassed pre-crisis 2019 levels. The development fits Beijing's new economic strategy. But there are also problems: The gaps are growing, not only between rich and poor.
By Frank Sieren
China wants to build a powerful chip industry. In the automotive sector, a chip alliance is supposed to network the entire supply chain. The first partnerships are already in place. Automotive expert Ferdinand Dudenhoeffer expects Chinese semiconductor companies to become global market leaders in five years. In an interview with China.Table he explains why.
By Christiane Kuehl
Without massive green investments, climate targets will be hard to achieve. EU states are already wrangling intensively over what counts as green. Beijing is now seeking common standards with the EU. But the European side hesitates: Chinese requirements are weaker and ignore social issues such as forced labor. Critics now fear that the EU will move closer to China in the negotiations and lower its standards.
By Nico Beckert
Beijing has passed a law that aims to punish food waste with heavy fines. The main reason is not concern about a food shortage, but the fear of becoming too dependent on foreign countries due to the consumption needs of the growing middle class. China has to import more and more food.
By Frank Sieren
After several attempts by Chinese carmakers, serious competitors now enter the European market. In addition to the Tesla competitor Nio, it is primarily the technology-heavy provider Lynk Co, a sister company of Volvo. It wants to score points with young customers through digital subscription models for mobility.
By Redaktion Table
The crisis between Australia and China has come to a head. It's about geostrategic interests, influence, punitive tariffs, and the promising 5G technology. The former harmonious relationship has turned into an open rivalry. It is a conflict whose course Europe should watch closely because it all started with similar disagreements as the EU currently has with Beijing.
By Michael Radunski
Self-driving cars are getting closer – and one of the earliest mass applications could be autonomous trucks. Although fully automated freight transport remains a pipe dream, for the time being, China is rapidly pushing ahead with development here. Initial tests are already underway, and the findings are quite promising. We took a closer look at the company Inceptio, which is already pushing its technology onto the roads. Its technology is expected to be installed in thousands of trucks in as little as three years.
By Frank Sieren
EU Trade Commissioner Dombrovskis makes it clear: The CAI investment agreement between the EU and China is not dead – but there are significant hurdles. According to EU parliamentarians, it could take years to dismantle them. However, while the CAI is stuck, there is a lot of work going on in other areas. Brussels wants to better protect European companies from unfair competition from state-subsidized companies and make their own supply chains more independent. That, too, is aimed at China.
By Amelie Richter
It was already on the brink of collapse: The CAI investment agreement was supposed to symbolize greater proximity between China and Europe, but now it is becoming part of a major conflict between the trading blocs. By rejecting the agreement, Brussels is sending a signal to Beijing – and the German government, as a supporter of the agreement, is embarrassed. Meanwhile, the G7 is finding its way back to a common line in dealing with China.
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After months of puzzling the world over the true efficacy of the Sinovac product, applications to the World Health Organization (WHO) and the EMA will now bring clarity. The formal approval procedures are the acid test for the data on Sinovac's vaccine. It is not only the reputation of the Chinese pharmaceutical industry that is at stake. Non-approval would be a serious setback for the global supply of vaccines.
By Redaktion Table
