China looks back on a long history as an agricultural civilization – and is thus very different from the geographic fragmentation and political competition historically seen in the West. The lines between Chinese central planning and the democratic capitalism of the West no longer run clearly. A new global social contract must promote a shared narrative within the framework of which each country defines its role within the global collective.
By Redaktion Table
The US gaming platform Steam was launched in China a few weeks ago. With a dramatically slimmed-down supply. Although China has the largest market and the world's largest gaming company, the hobby is unpopular with the authorities and subject to a variety of restrictions. Foreign companies, meanwhile, run afoul of their Western buyers when they bend to Chinese regulations and restrict gamers' freedom of expression.
By Redaktion Table
Many older Chinese feel left behind by the country's rapid digitization. China's government wants to close the "digital divide" between young and older people by 2022. This means more social integration, but also more consumption – and thus follows the logic of the 14th Five-Year Plan. For companies, at any rate, the target group of senior citizens is a long underestimated growth market.
By Frank Sieren
There are many indications of a new technology giant emerging in China. The merger of two giant state-owned enterprises is expected to reduce dependence on the US, Japan and Taiwan for chips, surveillance and military technology. Among other things, CETC and Potevio supply the security forces with drones or AI cameras and dominate the production of semiconductors.
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In its 14th Five-Year Plan, Beijing clarifies: Foreign actions regarding Hong Kong and Taiwan are not desired. Brussels expects protectionist guidelines but also recognizes fields for possible cooperation. A progress report by EU foreign affairs envoy Josep Borrell on relations with China is expected for the EU Council meeting at the end of this month.
By Amelie Richter
With its 14th Five-Year Plan, China aims for more independence from foreign countries and at the same time attempts to open its markets more; it wants to invest more and at the same time save more. What sounds contradictory has a method and brings opportunities for Germany and Europe.
By Frank Sieren
