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Competitive pressure from China is becoming noticeable

China’s economic champions are conquering global markets: In 2020, for the first time, the Fortune 500 list featured more Chinese than US companies, and this trend continued in 2021. Chinese state-owned enterprises stand out in particular. The discussion Series on economic relations with China at the Kiel Institute for the World Economy (IfW) therefore asked: “China’s competition for European companies: Fair competition or illicit subsidization?” Economist Juergen Matthes and law professor Dietmar Baetge presented answers on Thursday.

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