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Opinion

Lee Jong-Wha
Opinion

Will East Asia win the pandemic?

So far, East Asian countries have held up well economically against the pandemic. But a withdrawal of liquidity from emerging markets could spell disaster for Asian economies, which rely heavily on short-term foreign capital inflows. But a tougher US policy under Biden against China would also dim East Asia's economic prospects, said Lee Jong-Wha, who was long the Chief Economist at the Asian Development Bank and now teaches economics at Korea University.

By Ning Wang

Opinion

Keeping Europe's interests in mind

Joe Biden called for European-American solidarity at the Munich Security Conference. Regarding China, however, Europe does not automatically have the same interests as America. And when it comes to transatlantic relations, Europe's politicians should bear in mind: Europeans have doubts about the US's political system.

By Antje Sirleschtov

Opinion

Qiushi – the mouthpieve of Xi-ism

How can useful information be gleaned from party media to assess the situation in China? In the past, sinologists understood the art of being alchemists of language who could still dig gold out of lead deserts full of stupid propaganda. They only had to discover the paragraph that began with "danshi" (but). Here the new information was hiding. After the relaunch of the ZK theory magazine "Qiushi," a new source opened up.

By Antje Sirleschtov

Opinion

China as a partner with duties

Today, the European Commission will present its new trade strategy. The reorganization is necessary because the challenges it faces have become more diverse. The guidelines are not least important about China, the EU's largest trading partner – while Beijing is a possible partner on some points, ideas are far apart on others.

By Amelie Richter

Opinion

Biden, Xi and the evolution of cooperation

The only way to prevent Sino-American relations from deteriorating further is for either US President Joe Biden or Chinese President Xi Jinping to offer a goodwill gesture, and then respond in kind to the other’s subsequent moves. And Xi appears better positioned to take the initiative.

By Antje Sirleschtov

Opinion

Asia's climate optimism

Asian governments, including China, have issued political climate targets. If they are to be achieved, relations between Beijing and Washington must be stable. In Asia, the challenge now is to mobilize private-sector forces to drive carbon reduction. It's about green financial instruments, transparency and clear guidance on standards.

By Ning Wang

Opinion

Africa represents a strategic opportunity for Europe

Since China has been active in Africa, Europe has also been working on new concepts for the continent. It's about time. First of all the EU must change its trade agreements with Africa. Because they offer Africa no incentives.

By Antje Sirleschtov

Opinion

Should China be afraid of a financial crisis?

China is facing a new financial crisis – or so it is often said. That Beijing could face a major financial crisis is rarely debated. Yet the Chinese government is not limited in its spending in its own currency. It is unthinkable that the Chinese central bank, as the creator of the yuan, would refuse to make Chinese government payments.

By Redaktion Table

Arvind Subramanian
Opinion

The year of the renminbi?

The government in Beijing wants to establish the renminbi as a global reserve currency. While the Chinese currency is becoming increasingly popular for trade and financial transactions, it has so far been unable to pose much of a threat to the US dollar. There is simply a lack of confidence in the Chinese financial system, according to Arvind Subramanian and Josh Felman.

By Ning Wang

Opinion

'Case-by-case alliances are needed'

New times demand new answers. Imposing sanctions on China will not succeed. Decoupling has a high price. Ten theses by Juergen Trittin on Europe's relationship with China and the USA, presented at the annual foreign policy conference of the Heinrich Boell Foundation.

By Antje Sirleschtov