“Social Credit is seen as a means of making people, companies, entire industrial sectors and the government more honest by monitoring behaviors,” says Shazeda Ahmed, a Ph.D. student at the University of California, Berkeley, and former Visiting Academic Fellow at MERICS. The system's digital mechanism will collect data on every single person in China by 2020. What motivates the government? What are the major challenges? And what do people in China think about this system? Listen to our latest MERICS experts podcast.
Reviving Europe’s unity was the theme of Sigmar Gabriel’s speech in Paris. The German foreign minister‘s address at a gathering of French ambassadors was meant to remind Europeans of their joint purpose, but it ended up raising eyebrows in China, which was presented as a threat to European unity.
After China’s outbound foreign direct investment, particularly outbound M&A activities, had reached a historical record high in 2016, the Chinese government has stepped on the brakes to limit foreign exchange outflows and to prevent so-called “irrational” investment projects. Due to this more restrictive approval policy, China’s 2017 first quarter outbound M&A volume dropped by about 60 per cent compared to the same period in the previous year.