Has globalization gone too far? This question was first asked about 20 years ago. We talked to Prof. Rolf J. Langhammer about the economic impact of globalization and how we need to shift our focus in the future.
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.
China’s economy has slowed down in recent years and the people of China got stuck in a middle-income trap. What does this exactly mean and how could this problem be solved? We asked our China expert Prof. Rolf J. Langhammer to find answers to those questions.
China’s reserves of foreign exchange are shrinking. Is that a sign of an upcoming crisis? We asked China expert Prof. Rolf Langhammer about China’s exchange policy and if we need to worry about China’s economy.