Germany wants to reduce its economic dependence on China. Solutions are being sought at the Asia-Pacific Conference in Singapore. In an interview with Malte Kreutzfeldt, Roland Busch explains which countries could be considered as alternatives. However, the chairman of the Asia-Pacific Committee of German Business also warns against false expectations.
By Malte Kreutzfeldt
Shortly ahead of the G20 summit in Bali, Xi Jinping confronts Joe Biden with emphatic self-confidence. He resents criticism of his Taiwan policy and plays the schoolmaster. Biden addresses human rights, Xi complains about rising US trade barriers. The official protocols of both sides reveal interesting differences.
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Ludger Schuknecht, Vice Chairman of the Asian Infrastructure Investment Bank (AIIB), talks to Frank Sieren about this week's G20 summit, sustainable market-based financing in Asia, and the bank's relationship with powerful China. The AIIB is the Chinese-initiated counterpart to the World Bank.
By Frank Sieren
All eyes are on Asia this week: The days of apolitical trade are over, the German Economics Minister stressed in Singapore. Instead of "decoupling," Germany must aim for greater diversification, says Robert Habeck at the Asia-Pacific Conference in Singapore. German Chancellor Olaf Scholz visits Vietnam on his way to the G20 summit.
By Redaktion Table
After the US midterm elections, the Republicans can hope for a narrow majority in the House of Representatives. The distribution in the Senate is still open. Quite apart from that, however, it is already clear that Washington's attitude toward China will continue to harden. US foreign policy in the Indo-Pacific region and in the triangular relationship between the EU, China, and the United States remains uncertain. On Monday, US President Joe Biden will meet President Xi Jinping for the first time.
By Amelie Richter
Beijing reportedly works on plans to relax its Covid measures. Even the World Health Organization is said to provide help. But it will probably take months before the situation actually changes noticeably. It will be a tough winter.
By Redaktion Table
By prohibiting the acquisition of German chip manufacturer Elmos, Robert Habeck stays true to his concept: He sees his role as the active guardian of Germany's supply security against the control of foreign powers. However, one problem remains. Elmos is in urgent need of an investor. Will the German government step in?
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China's CO2 emissions have been falling for four quarters. The Covid pandemic and the real estate crisis are curbing economic growth. Provinces lack money for economic stimulus programs. Carbon-heavy industries announce new climate plans. The largest emitter could soon reach its emission peak – and urgently so in order to meet the Paris climate targets.
By Nico Beckert
In the already tense relationship between Brussels and Beijing, another incident is causing a stir: A recorded speech by EU Council President Charles Michel will not be broadcasted at the opening of the Import Expo in Shanghai. Michel is scheduled to meet Xi Jinping in Bali next week.
By Amelie Richter
Singles' Day, the world's biggest shopping festival, has lost much of its luster. For Internet giants like Alibaba and JD.com, this is additional bad news. After all, they are already struggling with serious problems.
By Redaktion Table
