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Nico Beckert

Nico Beckert Published: July 6th, 2022

Insider: Large fund for infrastructure is coming

According to insiders, China wants to boost investment in infrastructure and help the ailing economy get back on its feet with a state fund worth billions. The pot is to be filled with ¥500 billion (a good €70 billion), two people familiar with the plans told the Reuters news agency on Tuesday. The fund is […]

Nico Beckert Published: July 6th, 2022

Authorities warn of heat waves

China’s authorities warn of heat waves in the north of the country. Temperatures of over 40 degrees are expected in northern China for several consecutive days in the next two weeks. 250 million people in the regions of Xinjiang, Inner Mongolia, and Ningxia, as well as the provinces of Hebei, Henan, Gansu, and Shaanxi, could […]

Nico Beckert Published: July 6th, 2022

BYD overtakes Tesla

Chinese automaker BYD has overtaken Tesla as the largest EV manufacturer. According to company data, the Shenzhen-based company sold 641,000 cars in the 1st half of the current year. Tesla sold 564,000 units in the same period. Tesla has had a difficult second quarter. The company attributes the poorer figures to disruptions in the supply […]

Nico Beckert Published: July 4th, 2022

Climate change ‘major risk for China’s modernization’

40 degrees Celsius and more in the northeast. Heavy rain and flooding, sweeping away cars and houses in parts of southern China – the People’s Republic also recently experienced severe weather events. Landslides resulted from the heavy rain. Five people died after their house was swept away by the floods. Temperatures in Henan Province, with […]

Nico Beckert Published: July 1st, 2022

International reputation suffers

China’s international reputation suffers as a result of its poor human rights record. That is the finding of a new Pew Research Centre survey of nearly 25,000 people in 19 countries. In most countries, negative opinions of China have increased, as the South China Morning Post reports.The People’s Republic’s poor human rights record is cited […]

Nico Beckert Published: July 1st, 2022

Ifo: Reduce raw material dependence on China

Batteries, robotics, renewable energies: Germany is dependent on imports of raw materials for many key technologies, according to an Ifo study – often from individual supplier countries such as China. “Urgent action is needed for crisis-proof supply chains for nine critical minerals,” concluded Lisandra Flach, Head of the Ifo Center for International Economics, from the […]

Nico Beckert Published: July 1st, 2022

Dessert

Do you recognize it? Our dessert today shows Shanghai in 1871. The photos were developed in 1981 from negatives dating back to 1871.

Nico Beckert Published: July 1st, 2022

More extreme weather expected for July and August

China’s authorities expect more heavy rains with flooding in July and August. In recent weeks, hundreds of thousands of people in the south and east of the country have been evacuated due to flooding. “It is predicted that from July to August, there will be more extreme weather events in China, and regional flood conditions […]

Nico Beckert Published: July 1st, 2022

VW CEO: partners inform us about human rights

Volkswagen CEO Herbert Diess warns against a confrontational course against China. The German government’s basic attitude toward the People’s Republic worries him, Diess told German magazine Der Spiegel in an interview published on Thursday. “We need even more dialogue,” the VW chief demanded. “The Chinese leadership is also able to deal with tough European positions […]

Nico Beckert Published: June 30th, 2022

Dessert

Shrek? No, this “horse” is not the hero of an animated movie. The photo shows a tourist and an employee of a souvenir store of the “Gansu Provincial Museum”. The horse mask is based on a green-bronze horse statue that was excavated in 1960 and is exhibited in the museum in Gansu.