Kyle Chan from Princeton University sees China is on a path to industrial dominance. He warns of a new “China shock.” Nevertheless, he believes there are opportunities for pragmatic economic partnerships with Chinese companies, particularly in Europe.
By Leonardo Pape
The European Commission has postponed the presentation of its action plan to support the chemical industry by one week. It is now scheduled to be unveiled on July 8.
By Lukas Knigge
According to media reports, EU Competition Commissioner Teresa Ribera is blocking the opex subsidy for cleantech manufacturers. She states it does not provide an incentive for competitive companies.
By Lukas Knigge
The former Eurogroup president and current mayor of Eindhoven is calling for European industrial policy to be guided by local excellence clusters. In an interview with Table.Briefings, Dijsselbloem argued that the proposed EU Competitiveness Fund and cohesion funds should in the future be channeled more strategically toward such “economic engines”.
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Initial data on trade diversion from China and other countries paints a mixed picture. Imports of Chinese industrial robots are rising especially sharply.
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Jürgen Hardt, foreign policy spokesman for the CDU/CSU parliamentary group, discusses the Chinese concentration of power, Germany's dependency, and the urgency of creating a better interplay between business and politics.
By Angela Köckritz
Due to the slow implementation of the Corona Recovery Fund, the EU Commission fears that not all of the money can be used. It is proposing simplifications and shifts in funding. An extension of the deadline is out of the question.
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China claims to be a spokesperson for the countries of the Global South. However, Chinese overcapacity is also hampering their economic development. In this interview, Aya Adachi from the Center for Geopolitics, Geoeconomics, and Technology at the German Council on Foreign Relations explains the reasons.
By Angela Köckritz
On Tuesday, EU member states approved the simplification of the EU's Carbon Border Adjustment Mechanism (CBAM). But this is only the beginning of a much broader debate about how the climate instrument actually works. Criticism of CBAM's potential to create trade barriers is growing.
By Lukas Knigge
During his visit to Berlin, Industry Commissioner Stéphane Séjourné focused on the chemical industry. The Frenchman also explained what the planned action plan must achieve to support the sector.
By Lukas Knigge
