In a new report, the EU Commission warns of Europe’s strategic dependencies in a number of raw materials and technologies. For example, the EU is vulnerable in solar panels, permanent magnets and magnesium because it relies heavily on China, the authority writes in its released investigation paper. The Commission also sees the EU as vulnerable […]
Children are expensive. But no other country spends as much money on its offspring in relation to its economic power as China. The average cost of raising a child is almost seven times the country’s GDP per capita.On average, Chinese families spend ¥485,000 (about €68,000) on raising an offspring until the age of 18, according […]
According to its own information, the EU Commission is working on an independent legislation to ban the import of products from forced labor. The Brussels-based authority announced on Wednesday as part of the presentation of the EU supply chain law. However, no details were given on what the import ban might look like. As China.Table […]
In the wake of the intensifying Ukraine crisis, the first meeting between EU foreign ministers and their counterparts from nations in the Indo-Pacific region took place in Paris. The invited nations included New Zealand, India, South Korea, Japan and several other Asian countries – China was not invited. French Foreign Minister Jean-Yves Le Drian stressed […]
The concept of “city cluster” first appeared in a central government document in 2006. At a time when China’s urbanization rate was 43%, the goal of the city clusters was to develop small and medium-sized cities and create new growth drivers. As of today, China has approved 19 city clusters, covering 75% of China’s population and […]
According to a United Nations expert, China has continued to supply Myanmar’s junta with weapons since last year’s coup. UN Special Rapporteur on the situation of Human Rights in Myanmar, Tom Andrews, called on the UN Security Council to call an emergency meeting to “ban those arms transfers that the Myanmar military are known to […]
The Chinese government is getting serious. Companies are reprimanded, markets are brutally regulated – anyone who does not want to play by the rules risks being excluded from the huge Chinese market. Beijing’s obsession with regulation is manifesting itself in very different forms for Chinese and foreign companies: There is increased decoupling and data control, […]
China has imposed sanctions on US defense firms Lockheed Martin and Raytheon Technologies over arms sales to Taiwan. “In accordance with the relevant stipulations in China’s anti-foreign sanctions law, the Chinese government has decided to take countermeasures on the infringing acts of Raytheon Technologies and Lockheed Martin,” Foreign Ministry spokesman Wang Wenbin said on Monday. […]
Despite the trade dispute between Beijing and Lithuania, Continental intends to continue investing in the Baltic state. The German supplier’s plans have not changed despite pressure from China, the director of Continental’s Lithuanian factory, Shayan Ali, told local newspaper Verslo Žinios. “Our plans in Lithuania are the same as we stated at the beginning – […]
Forced labor and China – the topic is a perennial one. Recently, the USA imposed an import ban on products from Xinjiang that could be linked to forced labor. The EU is still lagging somewhat behind here. Nor is such a ban included in the new supply chain law that will be introduced on Wednesday. […]