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Managing Risks in the EU-China Economic Relationship
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Corporate Editor
Forschungsinstitut der Deutschen Gesellschaft für Auswärtige Politik e.V.
Abstract As the German Chancellor heads to Beijing - the first visit by a G7 leader since the pandemic began, Germany and the EU must reevaluate their approach to China, especially after the recent Communist Party Congress further cemented a system of uncontested authoritarian power. European unity is critic... view more
As the German Chancellor heads to Beijing - the first visit by a G7 leader since the pandemic began, Germany and the EU must reevaluate their approach to China, especially after the recent Communist Party Congress further cemented a system of uncontested authoritarian power. European unity is critical in dealing with China. Russia's war in Ukraine has exposed Germany's energy dependency and many Western companies have had to leave Russia. To be prepared for a possible escalation of geopolitical tensions with China, Germany needs to draw lessons and review critical dependencies and corporate risks. Better corporate risk management, a diversified trade policy, and a targeted industrial policy are necessary to manage economic risks.... view less
Keywords
Federal Republic of Germany; EU; China; risk management; international economic relations; trade policy; industrial policy
Classification
National Economy
International Relations, International Politics, Foreign Affairs, Development Policy
Document language
English
Publication Year
2022
City
Berlin
Page/Pages
9 p.
Series
DGAP Policy Brief, 33
ISSN
2198-5936
Status
Published Version; reviewed
Licence
Creative Commons - Attribution-Noncommercial-No Derivative Works 4.0