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Add to Google Preferred Sources The Bundestag held its first reading of the 2027 federal budget on Tuesday, triggering a sharp confrontation over the fiscal policy course of the black-red coalition. Finance Minister Lars Klingbeil presented a budget with expenditures of €555.4 billion (approximately $644.3 billion) and total new borrowing of €203.7 billion (approximately $236.3…

Nongfu Spring founder Zhong Shanshan criticized the country’s e-commerce platforms for reshaping the retail landscape through algorithm-driven pricing and traffic allocation, arguing that their growing influence has disrupted traditional distribution networks and intensified price competition.