The new Chinese data protection law, the Data Security Law (DSL), which is to regulate the use of personal data, is largely based on the EU General Data Protection Regulation (GDPR). Unlike the EU, Beijing reserves extensive data processing powers. For foreign companies with data in China, the legal basis will change this year.
By Frank Sieren
How reasonable are China's COVID-related entry restrictions? The industry association VDMA fears that the quarantine and the need for special permits will remain in place for a long time. The association suspects Beijing wants to give Chinese competitors an advantage. But there are initial indications that entry conditions will be eased. And it is usually possible to negotiate certain quarantine details in China even now.
By Redaktion Table
China.Table regularly takes a look at the EU member states and their relationship with China – Hungary stands out: Budapest repeatedly shows itself to be openly positive towards Beijing. According to analysts, however, this does little for the country economically. The ties are based more on political reasons and offer opportunities for provocation in the direction of Brussels. The campus project of Fudan University in Budapest is now generating new resentment.
By Amelie Richter
The shortage of microchips from Taiwan is only slowly disappearing. German carmakers are therefore threatened with short-time work, and assembly lines in China are also at a standstill. One of the reasons is a "toilet paper effect" – when some players start hoarding, others also build up larger stocks. China is reacting with gigantic investments.
By Felix Lee
Since 2015, the European External Action Service has been analyzing disinformation campaigns that reach the EU from Russia to undermine democratic institutions – comparable activities from China, by contrast, are treated poorly. This is also because the European Council has not yet issued an official mandate to consistently pursue Chinese misinformation. Critics accuse the EU of a lack of political will.
By Marcel Grzanna
Employees posted to China will be treated the same as locals starting in 2022 – for example, they will lose the opportunity to receive tax-free rent subsidies. The chambers of commerce are protesting. Does China not care about losing further attractiveness?
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China is one of the largest markets for the global beverage industry. The sugary drinks of yesteryear have long since ceased to be box office hits. Western beverage manufacturers will have to adapt – and switch to healthier products. Genki Forest from Beijing shows how this can be done.
By Ning Wang
E-learning will remain a dynamic market even after the pandemic – especially in China, where the industry has been placed on the priority list of the 14th Five-Year Plan. In South Korea and Japan, e-learning has long been established, but China is catching up rapidly. In 2020, €6.5 billion were invested – more than in the past ten years combined. Industry leader Zuoyebang wants to go public in the US.
By Frank Sieren
Geely is China's largest car company. With its new brand Zeekr, the company now wants to attack the market for premium EVs. Company founder Li Shufu has already turned the industry on its head several times in his home country. With his group, he also holds around ten percent of the shares in Daimler.
By Redaktion Table
Relations between China and the EU have never been worse. For the first time in over 30 years, the two sides slapped sanctions on each other last week. Nevertheless, there is little sign of a continuing deep conflict affecting economic relations. Experts speak of a low point but not a caesura.
By Felix Lee
