Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/271707 
Year of Publication: 
2023
Citation: 
[Journal:] Wirtschaftsdienst [ISSN:] 1613-978X [Volume:] 103 [Issue:] 3 [Year:] 2023 [Pages:] 156-160
Publisher: 
Sciendo, Warsaw
Abstract (Translated): 
The war in Ukraine has not only dramatically changed Western perceptions of geopolitics, but also influenced risk assess-ments of economic interdependencies between Western economies and China. China has gradually emerged as an important, and in some cases indispensable, supplier to Western economies. The illusion of a gradual development and spread of Western values in the wake of the globalisation has failed. The paper discusses the challenges that China faces, i.e. the dramatic effects of demography, the misallocation of goods or its own dependencies on the West. The West cannot avoid the systemic conflict if it wants to remain a major global player, but it must clearly state its own interests.
JEL: 
F02
F60
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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