China is not only a partner and economic competitor for Germany but also a systemic rival. This means that global challenges will also have to be solved jointly with China in the future. But no decoupling from China also means a level playing field and stricter reciprocity. Europe must not allow itself to be divided and, in coordination with the US, should find a common China policy.
By Redaktion Table
China wants to make its financial markets more solid with the 14th Five-Year Plan and bring the regional governments and the economy down from high debt levels. It also aims to reduce the risk of bubbles. Can this be achieved without slowing down the momentum on the markets?
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Around ten percent of global GDP is located in tax havens. This is according to international studies. This money hinders the implementation of the 2030 Agenda for Sustainable Development. The international community must increase its efforts to combat corruption and tax evasion.
By Redaktion Table
China is to be further digitized – even underground. The first innovation laboratory in the coal-rich province of Shanxi shows how this can be done: Fully automated mines could not only prevent mining accidents but also increase productivity – and thus make China less dependent on raw material imports. In addition, the technology could also supply the countries of the Belt and Road Initiative (BRI), whose mining sector is mostly still backward.
By Frank Sieren
The European draft for a supply chain law goes further than the German approach – but some questions of detail are still open. Some MEPs are calling for an additional import ban on products from forced labor. For goods from the Chinese province of Xinjiang, the control of the specifications could become problematic.
By Amelie Richter
