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Reforms in China: not only urgent in the country's own interests, but also benefical to the rest of the world
| Content Provider | Semantic Scholar |
|---|---|
| Copyright Year | 2014 |
| Abstract | CO2-Emissions (l. S.) Wind power capacity (r. S.) China's major economic and sociopolitical 'construction sites’ form the subject of countless analyses. So much so that, when both China's own interests and those of foreign business partners are considered, the conclusions presented are often unsettling. Take the environment, for example. The world is worried because China's CO2 emissions pose a threat to the global climate. At the same time, improved environmental protection in China gives cause for concern overseas, because this could stifle economic growth and could rob China – the driving force behind the global economy – of its might. With similarly mixed feelings, the international community is keeping a watchful eye on the problems in China's banking sector, in social policy, demographic development and foreign trade policy. This paper seeks to paint a balanced picture. Indeed, in the areas mentioned above, the departure from a "carry on as we are" approach has had ramifications beyond China's borders and there are also losers overseas. However, well-managed reforms will guide the country down a path towards more sustainable development, thereby opening up new and attractive prospects for foreign partners – Germany in particular. |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | https://www.kfw.de/PDF/Download-Center/Konzernthemen/Research/PDF-Dokumente-Fokus-Volkswirtschaft/Fokus-englische-Dateien/Fokus-Nr.-58-Juni-2014_EN.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |
