China’s COVID policy hurting its economy
30 October 2022 | 7:36 am
Ahead of the Chinese Communist Party congress, China is tightening its already strict coronavirus rules. Entire sectors, including tourism, are suffering. And people are increasingly voicing their frustration.
President Xi Jinping wants to establish the People's Republic of China as the leading world power of tomorrow. Never before has China been so successful and pursued such ambitious goals.
The government in Berlin wants to reduce dependence on the country’s most important trading partner. But German businesses are not convinced.
Taiwan is a democracy with a strong human rights record and a high standard of living. But despite the country's economic strength and elected government, the island state struggles to receive international recognition.
The condition that home buyers across China has been so dire that, they started collective disobedience in June, threatening to halt mortgage payments if the construction did not resume. Till July, homebuyers in 80 Chinese cities had refused to pay their mortgages, affecting the future of over 200 projects.
While China is providing rhetorical and some forms of economic support to Russia, there are other forms of support that China will be warier about, says Andrew Small, senior transatlantic fellow with at the German Marshall Fund of the United States.
Former top Taiwanese defense official Admiral Lee Hsi-ming told DW he is concerned that forces are not ready to fight off China, and that a new defense concept is needed.
Like many other world currencies, China's onshore and offshore Yuan both fell against the dollar on Wednesday, increasing the pressure on the People's Bank of China to intervene directly.
Paraguay is one of only a few countries that still officially recognize Taiwan. However, concerns are growing after Paraguay's president recently urged Taipei to invest $1 billion in his country.
It was the report that China hoped would never see the light of day. Just minutes before her mandate ended, the office of now-former UN High Commissioner for Human Rights Michelle Bachelet published its long-overdue assessment of human rights in China's Xinjiang region.
Habeck: 'The naivety towards China is over'
This week’s show is entirely dedicated to China’s Communist Party Congress, taking place this week. It’s a days-long conclave that meets once every five years and shapes the country’s leadership. This year’s congress will be particularly closely watched with President Xi Jinping expected to further cement his rule.
At the Chinese Communist Party Congress, President Xi Jinping said "resolving the Taiwan issue is the Chinese people's own business." Taipei responded saying it will not back down on its sovereignty.
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