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Joerg Wuttke in conversation with Frank Sieren: The President of the EU Chamber of Commerce in China believes sanctions are wrong, argues for pushing ahead with the investment agreement, and sees only limited European political influence on China. While the EU should protect itself against unfair competition from Chinese state-owned enterprises, it should see competition from private companies as an incentive. The goal of the policy should be a prosperous China. At the same time, Wuttke warns Beijing not to squander its opportunities out of overconfidence.
By Frank Sieren
Complaints about counterfeits are part of everyday life in the China business. Yet most expats are unaware of one of the most spectacular imitations: Mao Zedong once even had the Tian'anmen Gate secretly torn down and rebuilt. For a long time, no one doubted the copy's authenticity. But 87 centimeters of height difference betrayed the secret.
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