After months of internal debates, the German government has agreed on core guidelines for its engagement with China. Relations will be placed on a completely new footing.
By Felix Lee
Research and development and effective implementation of the results into marketable products are the key to economic independence. All the more reason for Beijing to encourage the development of new technology. A new Merics study reveals how the government realizes this. There is a lot at stake for Europe.
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China's social credit system poses major challenges for companies. Anyone who makes mistakes can end up on a "blacklist". Stigmatization and punishments could follow. But German companies are proving to be model students.
By Redaktion Table
China's accession to the World Trade Organization (WTO) in 2001 was met with high hopes in the Western world. The integration of the emerging country into the multilateral organization was supposed to promote not only global prosperity, but also free entrepreneurial activity in China. These hopes were largely disappointed. Although prosperity has increased, China is still not a free market economy.
By Felix Lee
