German imports of raw materials from the People's Republic have not declined – despite appeals to reduce dependencies. It is difficult to turn away as long as prices are low and trade relations are reliable. Comparisons with Russian gas come to mind.
By Nico Beckert
China’s State Council, led by Premier Li Keqiang, issued large-size economic stimulus programs in May to absorb some of the economic damage caused by Covid-related restrictions. However, it is becoming increasingly clear that achieving the desired economic growth while continuing current Covid policies will be impossible.
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On Sunday, the conservative camp in Japan clearly won the election to the upper house. Now would be the opportunity for a heartfelt project: Amending the pacifist constitution to officially arm Japan. For China, this would be an almost unacceptable step.
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