Indeed, a Zeitenwende, as Scholz proclaimed in the German parliament, must not stop at Russia’s brutal war of aggression against Ukraine – as cruel as current events may be. Because apart from the daily horror stories about the war in Ukraine, the West faces a much greater challenge: the rise of China. Accordingly, our first piece today tells you how German Chancellor Olaf Scholz fits the rapid rise of the People’s Republic into his “globale Zeitenwende” and what consequences he draws from it.
Our second analysis looks at the situation of expats and university graduates on the Chinese job market. Every year, millions of students graduate from universities in China alone and have to prove themselves in the battle for the few jobs available. A classic oversupply, from which HR departments only have to cherry-pick – or at least that is what one would think.
But in reality, there is a surprisingly different phenomenon: Despite millions of graduates, many companies are unable to fill open job positions. Marcel Grzanna listed the most important reasons for you.
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Michael Radunski
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China is more partner than rival for Scholz
Scholz and Xi in Beijing in November
In an essay for the Foreign Affairs magazine, Olaf Scholz explains the global Zeitenwende. It also includes China. However, to an alarmingly limited extent. And often words and reality do not match.
In a guest article with just under 13 pages for the renowned Foreign Affairs magazine, Olaf Scholz has explained his “Global Zeitenwende”. Right away, the chancellor notes, “The Zeitenwende goes beyond the war in Ukraine and beyond the issue of European security.” And yet, the chancellor’s essay focuses much on Russia, the war in Ukraine, and related European history.
This is understandable. However, the Zeitenwende must be seen globally. Because apart from the daily horror stories about the war in Ukraine, the West faces a far greater challenge: the rise of China. But Scholz does not follow through on his own announcement: In his essay, he mentions Russia more than 30 times, while China is mentioned only ten times.
Scholz warns against China’s isolation
“Many assume we are on the brink of an era of bipolarity in the international order. They see the dawn of a new Cold War approaching, one that will pit the United States against China,” writes Scholz and concludes, “I do not subscribe to this view.”
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