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Einfluss der chinesischen Wirtschaftspolitik auf den europäischen Industriestandort

Author

Listed:
  • Schiweck, Sebastian

    (Cyprus International University)

Abstract

China's economy policy goal is to achieve market leadership in many areas of the high-tech industry worldwide. The mission statement of being the world's workbench is a thing of the past. China wants to cover further areas of the value chain and move away from laborintensive production. The economy policy instruments to attain this goal are manifold and based on intensive market intervention by the state, it includes massive investments in Europe and takeovers of European companies that are of strategic importance. It also encompasses the fact, that China is putting European companies under strong economic pressure through distorted and heavily subsidized exports. Europa must develop its own industry strategy and focus on strengthening the industrial basis. Among other things this strategy should include adequate trade defense instruments and a reduction of bureaucracy.

Suggested Citation

  • Schiweck, Sebastian, 2017. "Einfluss der chinesischen Wirtschaftspolitik auf den europäischen Industriestandort," Zeitschrift für interdisziplinäre ökonomische Forschung, Allensbach Hochschule, issue 2, pages 31-36, December.
    • Handle: RePEc:ris:zfioef:0106
    as

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    More about this item

    Keywords

    International Trade; Subsidies; Chinese economic policy; Trade barriers;
    All these keywords.

    JEL classification:

    • H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
    • H25 - Public Economics - - Taxation, Subsidies, and Revenue - - - Business Taxes and Subsidies

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