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China's social credit system poses major challenges for companies. Anyone who makes mistakes can end up on a "blacklist". Stigmatization and punishments could follow. But German companies are proving to be model students.
By Redaktion Table
Major automotive supplier Continental has been caught in the crossfire of a new trade conflict between the EU and China. The automotive industry is threatened with supply problems. The EU must formulate an appropriate response. And the German traffic light coalition is now forced to sort out its China policy on the fly at a crisis meeting at Vice-Chancellor Habeck's home.
By Redaktion Table
Not only Covid is to blame, when goods are missing. By setting trade barriers, politics had no small part in the current trade disruptions. IfW Kiel highlights the reasons for the current supply chain problems – and gives a somewhat pessimistic forecast for 2022.
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