China's strict Zero-Covid policy approach has changed the framework conditions for foreign companies in China dramatically. While the Chinese government is pointing to opening up the country further by easing the Zero-Covid hardships, local European and German companies are reporting growing challenges and problems.

2020 was a turbulent year for China and global economies due to the COVID-19 pandemic. The question now: What's in store for China in 2021 and what does this mean for global economics and international relations? Here are 4 topics to watch closely in the „Year of the Ox".