EU Chamber head Wuttke + Spaceport

Happy New Year of the Rabbit! According to the horoscope, it promises balance and peace. This is something global politics and our private lives need.

One of our most important China actors will – hopefully -also have a more peaceful private life in May: Joerg Wuttke will step down as President of the EU Chamber of Commerce. European business in China will lose a truly outstanding figure. During his visit to Berlin, we interviewed Wuttke again in detail and will publish the interview in two parts today and tomorrow. It covers China strategies, Taiwan risks, dealing with Covid and supply chain laws.

Wuttke does not believe that the European economy can afford to invest less in China. Instead, it already invests in other parts of the world as well – this way, the diversification of investments will succeed in time.

Meanwhile, a Chinese private company with the best connections to the CCP is investing in Djibouti. That in itself is nothing unusual. However, the construction project is particularly interesting. Right in the geopolitically hotly contested area, China is building Africa’s first space launch site. Djibouti is shaping up to be a remarkable place, writes Frank Sieren. With only one million inhabitants, but six international military bases, control over one of the most important straits for trade, and now a rocket launch site. For us, this is both a warning and an inspiration.

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Finn Mayer-Kuckuk