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The New Silk Road leads to new debts for developing and emerging countries. But there is no Chinese master plan behind it. China is also taking high financial and reputational risks.
By Nico Beckert
Following the insolvency of major investor HNA, the state government of Rhineland-Palatinate is striving to find a solution for Frankfurt-Hahn Airport. Whether Hainan Airlines survives the restructuring of HNA's affiliated companies in the midst of the coronavirus crisis remains uncertain.
By
History teaches: Countries with strong growth threaten the establishment, and the danger of war increases. China's economic and geostrategic interests threaten the US in particular today. Europe must find its role as a mediator.
By Nico Beckert
On Monday, the long-planned Emissions Trading System (ETS) will be launched in China. For now, only companies from the energy sector will participate. Standards and prices are set low to keep the entry hurdle low. Stricter rules mean that heavy industry won't be able to avoid the program.
By Christiane Kuehl
Covid vaccine from Biontech will be delivered in China in February. Nevertheless, Chinese state media and the Ministry of Foreign Affairs have been criticizing the product, which will be manufactured and marketed in cooperation with Fosun, for days. Leading Chinese scientists now denounce the lack of transparency in Chinese vaccines and tests.
By Frank Sieren
Chinese tourists were ridiculed in many places in Europe. Now that they are staying away because of Covid, the tourism industry is suffering. In Switzerland and Berlin, the number of overnight stays by guests from the Far East fell by up to 98 percent last year compared to the same period in the previous year. In China, there are strict quarantine rules for returning travelers.
By Felix Lee