Germany’s New China Strategy: Ambitious Language, Ambiguous Course
Germany is still struggling to find the right balance between business and politics — and between national and European interests — in its approach to China.
Germany’s policy towards China has always been strongly driven by business interests. That has resulted in some impressive figures. More than 5,000 German companies operate in China, employing more than one million staff, while for German carmakers like BMW, Volkswagen and Mercedes Benz, the country is the most important market, with roughly every third of the cars they produce being sold there. Other industries, including electrical engineering and chemicals have major interests in the worldâ
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Washington’s $370 billion Inflation Reduction Act was seen as a generational opportunity for miners in the U.S. as well as mineral rich trading partners. But almost two years later, the North American mining industry is in crisis and no closer to chipping away at China's dominance. What went wrong?
The academic explains why we need to look beyond the actions of the Chinese government to understand how and why China is shaping countries in the region.
Navigate China's Business Landscape with Confidence.