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"Jiang Li" (讲理) means explaining a complicated and controversial issue rationally and in a way that is comprehensible to others, even if their views differ. China's old-school foreign policymakers followed this rule: "At least we try to argue rationally and indicate what logic guides us," a diplomat friend once told me. "Jiang Li" was "the ABC of pragmatic diplomacy."
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The G7 wants to establish a new global infrastructure initiative. The Western states are also focusing on human rights. This is intended to set them apart from China. Beijing's New Silk Road is all too often based on the exploitation of Chinese workers. The problem is that cheap labor is a competitive advantage for China that the G7 initiative can hardly make up for.
By Nico Beckert
As the Communist Party of China prepares to mark its centennial on July 1, the poor longevity record of other dictatorial parties in modern times should give its leaders cause for worry. If the CPC is not on the right track with its neo-Maoist revival, its upcoming milestone maybe its last.
By Redaktion Table
According to a joint study by the research institute Merics and the Rhodium Group, mergers and acquisitions by Chinese companies in the EU continue to decline. This is partly because of the Chinese state. Foreign acquisitions are no longer as desirable as they were five years ago. But EU countries, for their part, are also increasingly wary and call for closer scrutiny of deals. The political climate is doing its bit to scare off investors.
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