Scholz's China Outreach: Deals and diplomacy unveiled!

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Published 2024-04-17
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German Chancellor Olaf Scholz recently concluded his 3-day visit to China, featuring significant meetings with both government ministers and top executives from leading firms like BMW, Benz, and Siemens. However, with Brussels closely scrutinizing Chinese-made wind turbines and new-energy vehicles, questions arise about Scholz's strategy: Can he champion German businesses in China while staying aligned with EU interests? Join us as we dissect the complexities of Scholz's visit and its implications for China, Germany, and beyond.

【Guests】
Prof. Liu Baocheng
Dean, Center for International Business Ethics
University of International Business and Economics

Prof. Michele Geraci
Former Undersecretary of State, Ministry of Economic Development – Republic of Italy
Adjunct Professor of Finance, New York University, Shanghai

William Lee
Chief Economist & Executive Director, Milken Institute

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All Comments (14)
  • @cam35mm
    LOL, the panel should address the 10-ton gorilla in the room called Uncle Sam. It's Uncle Sam's arm-twisting why European countries and media complain and cry up a storm. But they can't see that Uncle Sam has ruined their economy for America's benefit.
  • LIU XIN is in a class and sophistication of her own when it is coming to her line of work...,
  • @soedeshbechan55
    Germany never wanted my MERCY, wanted USA ONLY HAPPY. THUS CANNOT CLAIM MY SUPPORT. GET WHAT USA DESERVING TOO. THATS LIFE. ALL CHOOSE OWN KARMA, LIVE BY THE CONSEQUENCE OF THESE KARMA CHOICES.
  • Overcapacity by any means is always good at certain point of times especially when the world economic is under stress mode. For equilibrium effects. World's economic growth is undermined after pandemic & now wars & geopolitical tensions. 1/2 of the world hemisphere with high purchasing powers ( EU) is in dire & most of other populous countries like Argentina, Egypt, Turkey, Nigeria, South Africa & some others countries were enervated & enfeebled by todays world's tensions that elevated the cost & high cost of living stymie most growths. Would such lackadaisical situation entails for a good world's growth. Probably yes or it may take much longer times or it may needs an effectual booster with global impact. Here is when we need lower cost goods to offset the high cost. High cost merely act to stymie & a metastasis like a desease to spread to other sectors ( vicious cycle) & decapicitate them. Lower cost would provide further impetus & smoothen ( neutralised) the effects of high cost. Thats is how lower cost goods with global impact could help in reinvigorate & revitalise the world's growth. Lower cost will play a key roles acting in neutralising the high cost . Simply ask this question - on personal or individual basis, if the cost or inflation gone up & cost of living goes up, would there be any improvements in one's life ????. Similarly to the world's growth. But 1st, we have to understand under what scenerio would Overcapacity or a situation in which enable over productions. In the business point of view, a plant was built with specific capacity. Eg. 50k units per month in accordance to the market needs or projection & with some space for expansions for specific optimum number. No one will build a plant with unlimited productions. No businessmen will do that. No such investments. Businessmen will build the plant in accordance to demand or expected future demands in accordance to the research on data on trend of demands.. No businessmen will build plant in accordance to purposely produce for over supply. No economic books ever teaches that theory. Overcapacity suggested that a new plant or several new plants were built to purposely produce in Overcapacity. Thats really sound against the principle of accounting & economic studies. At the present capacity, china already sold at the lowest price with high quality ( known in the world ) & therefore no competitors. Now, they purposely produce in Overcapacity and sold at much lower price then the already lowest price albeit without competitions. Thats really sound absurd & silly thing to do. Again, we may think, ppl will buy becos of cheap. Yes, true but ppl don't only buy becos of cheap but becos of needs & budgets. How could a company forecast on others need & budgets & therefore produce in overcapacity. We know that, the need of the ppl depend on their desires & emotions while budget mainly depend on purchasing power. For better world Bang
  • @mikewei2619
    With American base in fatherland....berlin have not much choice to turn east
  • @whitefox9
    Germany isnt serious about china Its just doing what America is telling it to do and Germany will u turn on the chinese gov when America tells it to Unless China forces Germany to give up its G7 membership and join Shanghai corporation for starters
  • @harbinger6562
    😂😂😂😂 That's a good one ❤️🇨🇳🇩🇪🦾😇👋
  • เจ่เจ๊ขอเงินหน่อยครับ
  • @jlee8181
    Germany is like a dog that bites the hand that feed it.