Decoupling the EU and Germany from China in the wake of geopolitical disputes would cost the German economy almost six times as much as Brexit, according to an ifo study commissioned by the Bavarian Industry Association (vbw). De-globalization is making us poorer, says study author Florian Dorn. But there are ways to significantly cushion the losses. Felix Lee spoke with the Ifo economist.
By Felix Lee
Nancy Pelosi did not only receive approval for her Taiwan visit. There was criticism, especially from Asia, but also from other parts of the world. The accusation was that the speaker of the US House of Representatives had shaken geopolitical stability out of self-interest. Partly because nationalism is on the rise in China, Beijing could feel compelled to make amends for letting Pelosi have her way.
By Frank Sieren
China's renewed saber-rattling over Taiwan, galvanized by US Speaker of the House Nancy Pelosi's visit to the island, is born of a need to maintain some control over the situation in the Taiwan Strait following steady electoral victories by Taiwan's pro-independence party. But while Chinese military action is unlikely at this juncture, an accidental clash is all too plausible.
By Redaktion Table
The repercussions of Pelosi's trip not only affect China and Taiwan, but also all other neighboring countries. Above all, Japan finds itself in the conflict zone. The ASEAN states criticize both China and the trip of the US politician.
By Christiane Kuehl
Acting on its threats, China began several military maneuvers around Taiwan. The actions represent a new level of escalation. In Taiwan, however, most people are staying calm. The military shows itself ready to defend the island. Some hardliners are calling for tougher countermeasures.
By David Demes
Political scientist Angela Stanzel supports Pelosi's visit in principle: Such visits send a clear signal that the USA continues to stand firmly by Taiwan's side. Nevertheless, she also sees the action as a "PR show" for Pelosi, which could still have consequences if the military makes a fatal mistake. Michael Radunski spoke with Stanzel.
By Michael Radunski
Nancy Pelosi's visit to Taiwan has received approval from Germany. This is reason enough for the Chinese Foreign Ministry to summon the German ambassador. Like the US, the German government is committed to the One-China policy. But resistance to Beijing's war cries is growing.
By Marcel Grzanna