idw – Informationsdienst Wissenschaft
Nachrichten, Termine, Experten
Nachrichten, Termine, Experten
Dear Sir or Madam,
China: between systemic rival and important trading partner.
For your research and reporting on Olaf Scholz's trip to China, the Kiel Institute's analyses, commentaries, and policy recommendations provide you with research- and fact-based insights into China and how to deal with the country. The Kiel Institute's subject dossier on China is now online: https://www.ifw-kiel.de/topics/china/.
Some current news from the dossier:
China's Massive Subsidies for Green Technologies
A new study by the Kiel Institute indicates that Beijing heavily subsidizes its domestic industries, particularly in sectors such as green technologies like electric mobility or wind power. Estimates suggest that China's overall subsidies range between three to nine times that of other OECD countries such as the USA or Germany. According to the analysis of new data, one of the major beneficiaries is the electric car manufacturer BYD. This reflects BYD's significant expansion in both technological and production capacities, as well as its increasing competitiveness.
Cost of Decoupling from China for German Economy Severe but Not Devastating
An abrupt halt to trade with China would cause Germany's economy to shrink by 5 percent in the short run. The slump is comparable to that following the financial crisis or the COVID crisis. This is the result of a simulation study led by the Kiel Institute. In the medium to long term, the loss will stabilize at around 1.5 percent annually. A gradual, cautious reduction in trade relations would avoid the high initial costs.
Lying Flat: the End of the Chinese Boom and the Consequences for Europe
Europe and Germany have to shift perspective: not the strength but the weakness of the Chinese economy will be a central challenge going forward, writes Moritz Schularick, President of the Kiel Institute, in his essay on his trip to China. “The current discourse in Europe is rife with unease about China's growing economic clout and strategies to deal with it. Yet the mood in Beijing is very different. On the ground, the atmosphere is tinged with uncertainty and disillusionment: “We don’t have an idea what this country is going to look like in 10, 15 years,” is a sentence I heard more than once from young Chinese on a recent trip to Beijing. Seen from the inside, China has never felt weaker and its development trajectory never more uncertain than today …”
These and other analyses, commentaries and policy recommendations can be found in our online dossier China: https://www.ifw-kiel.de/topics/china/.
Prof. Dr. Moritz Schularick
President
+49 431 8814-259
president@ifw-kiel.de
Prof. Dr. Julian Hinz
Trade Policy
+49 431 8814-507
julian.hinz@ifw-kiel.de
Dr. Wan-Hsin Liu
Internationale Trade
and Investment
+49 431 8814-269
wan-hsin.liu@ifw-kiel.de
Prof. Dr. Dirk Dohse
Innovation and
International Competition
+49 431 8814-460
dirk.dohse@ifw-kiel.de
Prof. Dr. Rolf J. Langhammer
Globalization, International Tradel, Emerging Markets
and Developing Countries
+49 431 8814-203
rolfJ.langhammer@ifw-kiel.de
Dr. Klaus-Jürgen Gern
Business Cycles and Growth
+49 431 8814-262
klaus-juergen.gern@ifw-kiel.de
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