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Opinion

Opinion

Misuse of research subsidies weakens innovation policy

With its 14th Five-Year Plan, the Chinese government has set itself the ambitious goal of creating a more innovation-driven economy. By 2050, the People's Republic wants to be the world leader in science and technology. To this end, Beijing is planning, among other things, extensive R D subsidies in companies. The upcoming event of the "Global China Conversations" at IfW Kiel is focusing on the efficacy of this Chinese innovation policy.

By Redaktion Table

Xavier Vives ist Professor für Wirtschaft und Finanzen an der IESE Business School.
Opinion

Was COP26 cheap talk?

What did the COP26 world climate conference in Glasgow really achieve? Xavier Vives is a Professor of Economics and Finance at the IESE Business School in Barcelona. For him, it is not the wording of the final declaration that is key – but the question of what the financial sector is prepared to make of it.

By Redaktion Table

6024
Opinion

Why is China's growth rate falling so fast?

Although China’s economy remains on track to post strong growth for 2021 as a whole, its recent deceleration is striking. Reversing the slowdown will require policymakers to reform the ways in which they debate, vet, and implement new regulations and pandemic-control measures.

By Redaktion Table

Opinion

30 years of the Weimar Triangle: between aspiration and reality

In August 1991, the then foreign ministers of Germany, France, and Poland launched the Weimar Triangle. It was supposed to signify the final overcoming of historical hostilities and advance Poland's integration into the Western community. But after promising first years, there is little reason to celebrate the anniversary, writes David Gregosz, head of the KAS office in Warsaw. However, civil society cooperation is a source of hope.

By Timo Landenberger

Opinion

May he live ten thousand years

The cult of personality around Xi Jinping is taking on ever new forms. By now, he even calls himself China's "helmsman". There is now only little left to catch up with the master of personality cults, Mao Zedong. A historical anecdote shows that cults of personality also tends to originate from the highly praised himself.

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Opinion

Maotai – China's liquid gold

Scotland has its whisky, France wine, cognac and champagne. In China, the Maotai is the national drink. It is both a luxury item and a symbol of corruption. But so far, the national liquor hasn't conquered the global market yet. Henry Kissinger and Ronald Reagan know why the strong beverage has not yet been successful on the export market.

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Opinion

Finance must combat climate change – or else

Powerful financial players are still investing in the fossil fuel industry. Yet these investments are no longer legally defensible, write Bevis Longstreth and Connor Chung in the Viewpoint. A decision by the billionaire Harvard Foundation could now have far-reaching consequences for institutional investors.

By Redaktion Table

Opinion

Study on China coverage ignores political reality

The Rosa Luxemburg Foundation recently published a study entitled "China Coverage in the German Media in the Context of the COVID Crisis". In it, the authors accuse the texts from seven newspapers and magazines of having "a Western values agenda and a Eurocentric perspective". In the reporting, "clichés and stereotypes" were taken up. Political scientist and China expert, Andreas Fulda from the University of Nottingham thinks the study's conclusions are wrong.

By Redaktion Table

CO2-Zertifikate-Markt für das 1,5-Grad-Ziel: Wilfried Rickels & Christine Merk (IfW Kiel)
Opinion

CO2 removal markets for the 1.5 degree target

In addition to CO2 offsets, Wilfried Rickels and Christine Merk call for a market for certificates from the removal of CO2 from the atmosphere. According to the experts from the Global Commons and Climate Policy Research Centre at the Kiel Institute for the World Economy, COP26 could set the course for this.

By Redaktion Table

Opinion

Chinese games of confusion with business cards

Black ink on a red background. That is how Chinese business cards once looked like, back when they were presented by emissaries of the imperial court. Name cards were already used in China thousands of years ago. However, the gesture of handing them over – with both hands – was copied. Nowadays, however, all that is needed to exchange contacts is a tap on the smartphone.

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