1-5
The Association of German Chambers of Commerce and Industry (DIHK) is protesting loudly against the German Economy Ministry's suggestions of new reporting requirements for companies re. China dependence.
#geoeconomics
#China
spiegel.de/wirtschaft/wir…
The Association of German Chambers of Commerce and Industry (DIHK) is protesting loudly against the German Economy Ministry's suggestions of new reporting requirements for companies re. China dependence.
#geoeconomics
#China
spiegel.de/wirtschaft/wir…
2-5
The trigger, according to Spiegel, is a story in the German news site The Pioneer (paywall) about a draft paper that was reportedly leaked from the Economy Ministry and which spells out proposals to reduce dependencies on China.
thepioneer.de/originals/othe…
The trigger, according to Spiegel, is a story in the German news site The Pioneer (paywall) about a draft paper that was reportedly leaked from the Economy Ministry and which spells out proposals to reduce dependencies on China.
thepioneer.de/originals/othe…
3-5
This would include, among other measures, a drive to diversify to other markets, suggestions to do investment screening on *outbound* German investments to China, and suggestions to carry out 'China stress tests' for particularly exposed German companies.
This would include, among other measures, a drive to diversify to other markets, suggestions to do investment screening on *outbound* German investments to China, and suggestions to carry out 'China stress tests' for particularly exposed German companies.
4-5
The case for partial decoupling (security-sensitive goods, services, and tech) is clear, and the ideas gathered so far by the Economy Ministry seem sensible from a state perspective.
However, battlelines may well sharpen, with corporates lobbying different govt ministries.
The case for partial decoupling (security-sensitive goods, services, and tech) is clear, and the ideas gathered so far by the Economy Ministry seem sensible from a state perspective.
However, battlelines may well sharpen, with corporates lobbying different govt ministries.
5-5
Of key interest is whether the Chancellor's office and top ranking SPD figures will have the political courage and strategic wisdom to support the expertise of their colleagues from the Economy Ministry.
Of key interest is whether the Chancellor's office and top ranking SPD figures will have the political courage and strategic wisdom to support the expertise of their colleagues from the Economy Ministry.
• • •
Missing some Tweet in this thread? You can try to
force a refresh
