Is it a good idea to protect the national market against foreign influence? One answer, two possible answers if you take a look at the different approaches the new Trump administration and China’s government’s take. We talked to Rolf J. Langhammer about the differences between China’s and the U.S.A.’s strategies.
While the Chinese yuan has experienced a depreciation in the past months, the reasons behind this development are complex. We talked to Prof. Rolf J. Langhammer about this issue and whether President-Elect Donald Trump’s tweets on this matter were correct.
China’s importance for the global economy has reached a point where any major decision by the Chinese could deeply impact the rest of the world economically. We talked to Prof. Rolf J. Langhammer about this situation and what it takes for China to keep on the right path.
China’s role in international financial institutions has grown in the past months – for good reasons, especially to reflect more adequately its economic power. We talked to Prof. Rolf J. Langhammer about the latest step of the Renminbi, becoming part of the Special Drawing Rights of the IMF.
The G7 leaders proclaimed that global growth in the world economy is essential. Yet, it is emerging countries like China that have an enormous influence on this growth. In our interview with Rolf J. Langhammer, we learnd that China needs to solve some crucial problems in order to lead the emerging countries to a smarter growth.
Whenever there is a crisis, somebody gets to be blamed. The steel industry in Europe is in a crisis, and so China and its export of cheap steel is blamed for that. But there is more to it as we found out in our interview with Rolf J. Langhammer.