Chinese Communist Party

Wang Yi: developments in China 'successful' and 'right'

By Amelie Richter

Sovereign wealth funds lack climate plans

China announced that it will invest its gigantic foreign exchange reserves more heavily in green assets in the future. A rethink is urgently needed because sustainability considerations have hardly played a role in investment decisions so far. According to rumors, the largest fund even wants to invest $19 billion in the oil giant Saudi Aramco. At present, sovereign wealth funds around the world are finding it difficult to switch to green investments: Their profitability is uncertain and the switch entails costs.

By Nico Beckert

Football: big money time is over

Xi Jinping's goal is clear: China should become a football power. And when the president wants something in the People's Republic, many things become possible: China's entrepreneurs invest billions, buy coaches, players, and entire clubs. Money is not an issue. The results for the new season are devastating: Many clubs are on the verge of going out of business. However, that doesn't necessarily harm the sport.

By Redaktion Table

Dialogue on the precipice

A recent article in the Tagesspiegel carried the headline "Why I no longer travel to China." Our guest author Christian Straube responds with a contrary view: Personal contact with China has never been more important than it is today.

By Redaktion Table

China's party history: The cultural revolution falls by the wayside

The Party is always right, and Xi Jinping is its most important leader by far, even ahead of Mao Zedong and Deng Xiaoping. These are the main messages that the patient reader will take away from the newly published "short" history of the Chinese Communist Party. It has over 500 pages.

By

Peter Tichauer

By Redaktion Table

Mao's secret project number one

Complaints about counterfeits are part of everyday life in the China business. Yet most expats are unaware of one of the most spectacular imitations: Mao Zedong once even had the Tian'anmen Gate secretly torn down and rebuilt. For a long time, no one doubted the copy's authenticity. But 87 centimeters of height difference betrayed the secret.

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The travel industry gets past Covid

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

Land of empty plates

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

Xi Jinping: China will be 'invincible'

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