- Sonja Beer / Jürgen Matthes / Christian Rusche ·
- IW-Report Nr. 44 ·
- 19 December 2019
Decoupling Chimerica: Consequences for the European Union
The People’s Republic of China experienced a tremendous economic development within the last four decades. The increased economic power and political weight of China are challenging the USA and EU. Furthermore, the strategies used by China for its own development, e.g. broad-based industry policy with distortive subsidization, forced technology transfer or investment restrictions, are perceived as unfair, especially in the US, but to a large extent also in the EU.