German Chinese Economic Relations: Necessary Reassessment

Hüther Michael ()
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Hüther Michael: German Economic Institute, Cologne, Germany

The Economists' Voice, 2023, vol. 20, issue 2, 293-300

Abstract: Since the globalization of China has not been accompanied by an opening of its political system and society, political conditions for the economic development must be viewed in a global context. In addition to the economic slowdown, China faces a demographic challenge that has been ignored for a long time, and social upheavals have also been overlooked in the West in the euphoria over the market potential in the People’s Republic. The economic dependencies between the German and Chinese economies are two-sided. German companies should assess the risks of their China engagement, while corporates strategies are no substitute for a courageous foreign trade policy.

Keywords: de-globalization; de-risking; China; middle-income trap; demographic change (search for similar items in EconPapers)
JEL-codes: F01 F02 N15 (search for similar items in EconPapers)
Date: 2023
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DOI: 10.1515/ev-2023-0052

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