The event series on economic relations with China at the Kiel Institute for the World Economy (IfW) kicked off with a highly topical issue: the shift towards increased protectionism between major economic fields. The reasons for this are numerous. Prevention of supply bottlenecks, such as recently with protective masks or microchips, is currently at the top of the list and also gets a lot of public support. Other politicians are hoping for positive effects for the labor market in traditional sectors as more goods and parts are produced on the domestic market. Meanwhile, the CAI investment agreement with China has been caught up in political hostility between China and the EU. It was supposed to improve market access for both sides.
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