After years of debate, there is now a draft of a German supply chain law. This will also have an impact on companies with suppliers in Xinjiang: The German solar industry purchases solar modules that are very likely to contain primary products from the province that were manufactured using forced labor. The law hits the industry at an inopportune time. After years of stagnation, some manufacturers want to invest in production facilities again. But controlling suppliers in Xinjiang is difficult to implement, so they might have to rely on more expensive other suppliers.
Von Nico Beckert
The People's Congress of the CP of China starts on March 5. Dual circulation is one of the central goals of the next five-year plan. But scientists say: The Chinese do not earn enough money. If Xi's plan is to succeed, the middle class, in particular, must grow able for more consumption.
Von Nico Beckert
