Instead of six percent, China's economy could grow by over eight percent this year. But exports are unlikely to drive growth as strongly as last year. Private households are not expected to provide an immense growth boost either. To compensate for the lack of aggregate demand, the central bank will have to put more money into infrastructure.
Von Redaktion Table
The protected domestic market is an ideal growth and innovation environment for Chinese firms. When they enter the global market, they have massive advantages, warn think tank ECFR and Rhodium Group in a joint study. Sectors such as solar, rail networks, and telecommunications are particularly threatened by Chinese competition. In the paper, the analysts point out concrete solutions on how the EU Commission can act against China's home advantage.
Von Amelie Richter
Der geschützte heimische Markt ist ein ideales Wachstums- und Innovationsumfeld für chinesische Firmen. Wenn sie auf den Weltmarkt drängen, haben sie massive Vorteile, warnen die Denkfabrik ECFR und Rhodium Group in einer gemeinsamen Studie. Sektoren wie Solar, Schienennetz und Telekommunikation sind besonders durch chinesische Konkurrenz bedroht. In dem Papier zeigen die Analystinnen konkrete Lösungen auf, wie die EU-Kommission gegen Chinas Heimvorteil vorgehen kann.
Von Amelie Richter
