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and hot on the heels of antony blinken s visit to china. beijing will seek to improve its ties with europe. however, europe has also started to pull away from china to ensure it is not too reliant on their exports. still, there are strong economic ties between germany and china for the last seven years germany has been china s biggest trading partner in europe. so, what is at stake? i m joined by gregor sebastian economics analyst at the mercator institute for china studies based out of berlin. 0ne welcome to the programme. first of all, for the two leaders what do they want to achieve in the next few days? good morning. i mean, the first thing isjust that good morning. i mean, the first thing is just that the meeting is taking place, right? we have a radically different relationship between the two leaders now than we had in devious years. under angela merkel s meant the cabinets on the chinese and german sides had really constant and close relations and this is th ....
We can only flip the switch once certain barriers are removed. Each of us has a hand on the switch that can determine the future of climate policy and action. ....
Now investment director at gam investments. good morning to you. interesting to have this conversation about how germany is pivoting away from china, and that plays into this story about its agreement with intel, the huge factory that will get built in north east germany. yeah, absolutely. as with the us and the chips science act that was signed last year, there is a clear move on the part of the us, as well as the eu, to reassure certain key supply chains that are quite important for growth going forward, back into the american and eu soil, literally. find forward, back into the american and eu soil, literally. and eu soil, literally. and in terms of and eu soil, literally. and in terms of germany s - and eu soil, literally. and in terms of germany s moved l and eu soil, literally. and in. terms of germany s moved to partner with intel, in particular, the us, because america is investing so much into its semiconductor industry. of course, improving ....
One can make a case for billions of dollars in domestic manufacturing subsidies, especially for a sector of the economy dominated by China, the greatest threat to U.S. national security. But if the CHIPS and Science Act of 2022 is to build a semiconductor industry that can compete with China, the Biden administration will have to start making it easier to build new factories, not harder. ....
New York has been making a strategic push to expand semiconductor manufacturing in the state for decades. It’s an economic priority that continues to grow stronger.September 16, 2022 ....