Why Germany Wants a Divorce With China

China has reported its first annual investment decline in 30 years, with economic data for November indicating deepening domestic issues. Retail sales have grown at their slowest pace in three years, and investment has sharply slowed, reflecting increased caution among consumers and businesses. This downturn comes despite a record trade surplus of $1.08 trillion, highlighting a significant gap between exports and imports.

European leaders have expressed readiness to lead a 'multinational force' in Ukraine as part of a US-backed peace initiative aimed at resolving the ongoing conflict with Russia. This proposal was discussed during a recent meeting in Berlin, where leaders from the UK, France, Germany, and other nations emphasized the need for a coalition to support Ukraine's military capabilities and secure its airspace.

Jimmy Lai, a prominent pro-democracy media mogul in Hong Kong, has been convicted in a high-profile national security trial for lobbying foreign governments to impose sanctions on Hong Kong and China. The trial, which was conducted without a jury, has raised serious concerns regarding judicial independence and media freedom in the region.

Eurozone industrial output saw growth in October, signaling a potential recovery as Germany's manufacturing sector shows signs of stabilization amidst concerns over the impact of higher U.S. tariffs on European factories.

German Chancellor Friedrich Merz announced a potential ceasefire in Ukraine for the first time since the war began, following two days of US-Ukraine talks in Berlin. The discussions included US envoys and leaders from several European nations, aiming to initiate a genuine peace process with Russia.

China Vanke's shares experienced a decline following the rejection of its debt extension proposal by bondholders, prompting the company to schedule a meeting on Thursday to discuss subsequent actions. This decision comes as Vanke seeks to delay repayment on a two billion yuan onshore bond due December 15.

China's economy is experiencing a broad-based deterioration, marked by declines in consumer spending, investment, and real estate activity. Recent reports indicate that the services sector's growth has slowed significantly, with key indices reflecting the lowest levels in months.

British astronaut Tim Peake has called for the United States and China to collaborate on lunar missions, advocating for a cooperative approach rather than escalating tensions reminiscent of a space race. He emphasizes the importance of unity in exploring the moon's potential for scientific advancement.