German-Chinese Economic Relations in the Context of Current Geopolitical Challenges
In July 2023, Germany adopted a long-expected strategy towards China, its most important (along with the United States) non-European partner. One of the main places in the document is dedicated to the economic and political sphere – foreign trade and direct investment. The ruling coalition has set t...
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| Format: | Article |
| Language: | English |
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Russian Academy of Sciences, Institute of Europe
2023-12-01
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| Series: | Современная Европа |
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| Online Access: | http://www.sov-europe.ru/images/pdf/2023/7-2022/Belov-7-23.pdf |
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| _version_ | 1850176822501703680 |
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| author | Vladislav B. Belov |
| author_facet | Vladislav B. Belov |
| author_sort | Vladislav B. Belov |
| collection | DOAJ |
| description | In July 2023, Germany adopted a long-expected strategy towards China, its most important (along with the United States) non-European partner. One of the main places in the document is dedicated to the economic and political sphere – foreign trade and direct investment. The ruling coalition has set the task of reducing the dependence of the German economic space from the Chinese economy, which coincides with the strategic goal of the European Union. The U.S. administration is also interested in weakening cooperation between Germany and the EU with China. However, this approach of national, European and American politicians contradicts the market interests of German business, which remains focused on comprehensive interaction with companies in China. The author analyzes the current state of German-Chinese economic cooperation and assesses the prospects for its development in the context of current geopolitical challenges. |
| format | Article |
| id | doaj-art-10da2fa56de54093a1d68c1da8a52a78 |
| institution | OA Journals |
| issn | 0201-7083 |
| language | English |
| publishDate | 2023-12-01 |
| publisher | Russian Academy of Sciences, Institute of Europe |
| record_format | Article |
| series | Современная Европа |
| spelling | doaj-art-10da2fa56de54093a1d68c1da8a52a782025-08-20T02:19:11ZengRussian Academy of Sciences, Institute of EuropeСовременная Европа0201-70832023-12-01711112610.31857/S0201708323070094German-Chinese Economic Relations in the Context of Current Geopolitical Challenges Vladislav B. Belov0Institute of Europe Russian Academy of SciencesIn July 2023, Germany adopted a long-expected strategy towards China, its most important (along with the United States) non-European partner. One of the main places in the document is dedicated to the economic and political sphere – foreign trade and direct investment. The ruling coalition has set the task of reducing the dependence of the German economic space from the Chinese economy, which coincides with the strategic goal of the European Union. The U.S. administration is also interested in weakening cooperation between Germany and the EU with China. However, this approach of national, European and American politicians contradicts the market interests of German business, which remains focused on comprehensive interaction with companies in China. The author analyzes the current state of German-Chinese economic cooperation and assesses the prospects for its development in the context of current geopolitical challenges.http://www.sov-europe.ru/images/pdf/2023/7-2022/Belov-7-23.pdfgermanychinausaeuropean unioneustrategyderiskingdecouplingforeign trade |
| spellingShingle | Vladislav B. Belov German-Chinese Economic Relations in the Context of Current Geopolitical Challenges Современная Европа germany china usa european union eu strategy derisking decoupling foreign trade |
| title | German-Chinese Economic Relations in the Context of Current Geopolitical Challenges |
| title_full | German-Chinese Economic Relations in the Context of Current Geopolitical Challenges |
| title_fullStr | German-Chinese Economic Relations in the Context of Current Geopolitical Challenges |
| title_full_unstemmed | German-Chinese Economic Relations in the Context of Current Geopolitical Challenges |
| title_short | German-Chinese Economic Relations in the Context of Current Geopolitical Challenges |
| title_sort | german chinese economic relations in the context of current geopolitical challenges |
| topic | germany china usa european union eu strategy derisking decoupling foreign trade |
| url | http://www.sov-europe.ru/images/pdf/2023/7-2022/Belov-7-23.pdf |
| work_keys_str_mv | AT vladislavbbelov germanchineseeconomicrelationsinthecontextofcurrentgeopoliticalchallenges |