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China "De-risking": A Long Way from Political Statements to Corporate Action
[Stellungnahme]
Körperschaftlicher Herausgeber
Forschungsinstitut der Deutschen Gesellschaft für Auswärtige Politik e.V.
Abstract Major Western leaders have been calling for "de-risking" from China, rather than "decoupling." But what exactly de-risking means and how it differs from decoupling, remains unclear. It is ultimately firms, not governments, driving trade and investment relations. But firms cannot account for unidenti... mehr
Major Western leaders have been calling for "de-risking" from China, rather than "decoupling." But what exactly de-risking means and how it differs from decoupling, remains unclear. It is ultimately firms, not governments, driving trade and investment relations. But firms cannot account for unidentified risks by themselves. National security risks are for governments to define. Complex supply chain externalities might entail risks to production that are also difficult for firms to account for. Furthermore, firms may bet that governments will rescue them if a worst-case scenario happens, effectively socializing risks. In the EU, Germany is particularly exposed to China risk in terms of security, macroeconomic, and political exposure.... weniger
Thesaurusschlagwörter
China; Risiko; internationale Wirtschaftsbeziehungen; Außenhandelspolitik; Unternehmen; Regierung; Sicherheitspolitik; Bundesrepublik Deutschland
Klassifikation
internationale Beziehungen, Entwicklungspolitik
Friedens- und Konfliktforschung, Sicherheitspolitik
Sprache Dokument
Englisch
Publikationsjahr
2023
Erscheinungsort
Berlin
Seitenangabe
S. 1-8
Schriftenreihe
DGAP Policy Brief, 16
ISSN
2198-5936
Status
Veröffentlichungsversion; begutachtet
Lizenz
Creative Commons - Namensnennung, Nicht kommerz., Keine Bearbeitung 4.0