Der Handel mit Asien bietet viele Chancen. Aber auch für die Fachkräftesicherung ist beispielsweise Indien von großer Bedeutung.
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In contrast to a massive current account deficit against China, the US runs a current account surplus with respect to the European Union. The US-EU surplus is largely driven by a positive service balance and primary incomes originating from US investments abroad. Services and primary incomes overcompensate the US goods trade deficit with the EU. Rather than representing a “rip–off”, the different balances reflect the economies’ different business models.
Companies in China must use state-approved networks since 1 February 2018. But they do need secure channels for data and information along their value chain, says Michael Hüther, Director of the German Economic Institute, in an interview with Germany's international broadcaster Deutsche Welle (German Wave).
Global value chains have continued to expand over the last few decades. This has made them a central part of many companies’ internationalization strategies and an important facet of globalization.
Senior Economist for Domestic and Foreign Economic Cycles
Tel+49 221 4981-774
Mailkolev@iwkoeln.de
@galina_kolev
Head of the Research Unit International Economics and Economic Outlook
Tel+49 221 4981-754
Mailmatthes@iwkoeln.de
