The Chinese Chamber of Commerce in the EU has surveyed the mood of Chinese companies in Europe: they are generally confident about trade – but with reservations. They fear that planned EU regulations will have a negative impact on their business and are calling for fewer restrictions on 5G expansion.
By Amelie Richter
Global institutions such as the IMF, the WTO, and the World Bank are increasingly shaped by the rivalry between China and the US. For Beijing, they are bulwarks of the West. China, therefore, wants to counteract by creating its own organizations. The Bulgarian IMF chief Kristalina Georgieva has apparently been caught in the crossfire.
By Frank Sieren