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Alarmed by new data showing that its fertility rate is now similar to that of aging Japan, China has announced that it will permit families to have up to three children. Yet without broader reforms to address high costs of living and rural-urban divides, the new policy could make a difficult problem worse.
By Redaktion Table
US President Joe Biden wants to rally Europe behind him to take joint action against China. At the G7 summit in Cornwall this weekend, the heads of government of the seven industrialized nations want to adopt a counter-program to the Bealt and Road Initiative. But the German government is hesitating.
By Felix Lee
China has installed two-thirds of the world's public charging points for EVs in recent years. The country thus leads the global comparison. The central government, the provinces, and the regions subsidize the sector massively. However, while the expansion is progressing quickly on paper, there are problems in practice: the charging points are often defective and the operation is complicated.
By Nico Beckert
Chinese fashion platform Shein is shaking up the global fast-fashion industry and challenging the business models of Western competitors like Zara and H M with a sophisticated data strategy. The company already ships to 220 countries. Its market value is estimated at $15 billion – making it one of the most valuable tech startups in the world. However, as the company's profile grows, questions about its production and environmental standard are being raised.
By Frank Sieren