China: From Engine of Growth to Risk Factor
The People’s Republic of China was the engine of global growth and international trade for many years. From 2000 to 2014, China contributed 30 percent to global growth, while its share …
Scholz Goes to China
Much ink has already been spilled over German Chancellor Olaf Scholz’s upcoming visit to China. A chorus of skeptics and critics in Germany, around Europe, and across the Atlantic have …
Globalization 2.0
Path to German-American Prosperity in the Age of Decarbonization and China’s Economic Slowdown? Two megatrends will dominate the global economy in the coming decade—our accelerating efforts to decarbonize and the …
Despite Challenges, the U.S. And EU Can Save the Rules-Based Economic Order and Redefine Globalization
First there was a trickle. After years of sounding the alarm about China’s use of forced labor, economic coercion, and unfair trade practices, the U.S. government has made steady but …
Friendshoring: Democracy or Diversity?
In an April 2, 1917 speech before Congress arguing for U.S. entry into World War I, President Woodrow Wilson famously declared that “the world must be made safe for democracy.” …
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Reading Between the Lines of U.S. China Policy
U.S. Secretary of State Antony Blinken gave a speech to George Washington University on May 26 with the admirably straightforward title of “The Administration’s Approach to the People’s Republic of …
Germany’s China and Russia Policy in the Election and Beyond
The new German government will have to revise and reshape the legacy of the Merkel era on Russia and China policies. It will have to balance the economic interests of …
The Potential Role of the U.S.-EU Trade and Technology Council in a Rapidly Changing Global Economic Order
In an important speech on April 13, U.S. Treasury Secretary Janet Yellen stated that “…the war between Russia and Ukraine has redrawn the contours of the world economic outlook.” Amid …
China as a Cause of Transatlantic Tension and Cooperation
From Tiananmen Square to the War in Ukraine U.S. and European relations with China have been seldom smooth and harmonious. But rivalry and competition have also characterized the transatlantic allies’ …
The West Should Stay Focused on Geoeconomic Rivalry with China
As China leveraged its state capitalist model to become a global superpower, it increasingly challenged the market-oriented basis of the liberal economic order founded by the United States and its …
Unforeseen Challenge for Germany’s G7 Presidency: Time for a Comprehensive Perspective
The Problem of Thinking in Silos In January 2022, the German government published its policy priorities for the G7-Presidency of this year. They are sensible and well placed. In fact, …
Rules or Tools?
The World Trade Organization, the hundreds of bilateral and regional trade agreements, and the more informal norms, principles, and frameworks that together form the global trading system are consistently referred …
