After several delays, the EU Commission plans to present the EU supply chain law at the end of the month. First details are already available: The highly debated import ban on products made by forced labor will not be included. However, the regulation will go significantly further than the German Supply Chain Act. An overview.
By Charlotte Wirth
Supply chains were far from back on track when Omicron began to spread around the globe. This could lead to factory and port closures in China, resulting in another bottleneck of goods and parts in Germany. Economist Wan-Hsin Liu from IfW Kiel spoke with Finn Mayer-Kuckuk about the possible ramifications.
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Optimism among German companies in China is waning. Challenges weigh heavily on the market environment: Covid entry restrictions, concerns about politicization and decoupling, or staffing issues. Nevertheless, hardly any company wants to leave the People's Republic. Many even plan further investments – and want to localize their operations more.
By Christiane Kuehl
From climate change and rising inequality to pandemics and the digital revolution, Michael Spence sees plenty of reasons for China and the US to work together in a way that would benefit both. Unfortunately, according to the economist, the contrary has happened. This casts a shadow over the current recovery and the future prosperity of the planet.
By Redaktion Table
In a globalized world, supply chains are one of the most important elements in international trade. In recent years, working conditions and human rights violations in supply chains have caused a stir. The question arises whether Western companies profit from the treatment of workers in China that violates human rights. But it is no longer just about the forced labor of the ethnic minority of the Uyghurs in the cultivation of cotton. In the meantime, large corporations such as Apple and Volkswagen are being targeted. In addition to the European investment agreement CAI (Comprehensive Agreement on Investment) and a planned supply chain law for German companies, Western countries are taking action with sanctions and boycotts against China, but also against the companies involved. But the coronavirus pandemic has also affected supply chains. There have been increased supply bottlenecks and empty shelves worldwide. China wants to counter this with a state-owned logistics company called China Logistics Group. From EU supply laws to human rights violations and sanctions to suppliers and trade strategies - news and articles on China supply chains up to date from the Table.editorial team!
