Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/271709 
Authors: 
Year of Publication: 
2023
Citation: 
[Journal:] Wirtschaftsdienst [ISSN:] 1613-978X [Volume:] 103 [Issue:] 3 [Year:] 2023 [Pages:] 165-169
Publisher: 
Sciendo, Warsaw
Abstract (Translated): 
Germany should pay more attention to risks in procurement, manufacturing and sales in China. First, China's population has been shrinking since 2022 and is rapidly ageing; this will cause its economic strength as well as production and consumption opportuni-ties to decrease. Secondly, the threat of a Taiwan invasion is rising and only mitigated by the globally integrated chip industry. Thirdly, China will increasingly shape standards in international payments and Central Bank Digital Currencies. This will raise its power for sanc-tioning other countries financially. Overall, while Germany should focus on further diversifying its economy, its exposure with regard to China is lower than commonly thought.
JEL: 
F51
J11
O53
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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