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Letzte Aktualisierung: October 1, 2021

Competitive pressure from China is becoming noticeable

The second entry in IfW Kiel's Global China Conversations series took on one of the most heated topics in international trade policy: China's subsidies and their impact on Western companies. An IfW survey shows that competitive pressure is already being felt across the board.

China's economic champions are conquering global markets: In 2020, for the first time, the Fortune 500 list featured more Chinese than US companies, and this trend continued in 2021. Chinese state-owned enterprises stand out in particular. The discussion Series on economic relations with China at the Kiel Institute for the World Economy (IfW) therefore asked: "China's competition for European companies: Fair competition or illicit subsidization?" Economist Juergen Matthes and law professor Dietmar Baetge presented answers on Thursday.
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