The China EU Chamber of Commerce and Berlin Makato China Research Center co -published yesterday: Where to go global, what is the report that the US president Biden is not like his former Trump attack.Sexual, but both US parties regard China as future competitors.This also allows China to pay more attention to self -reliance in key areas in order to get rid of dependence on the outside world.
Chen Jing Shanghai Special Commissioner
Compared with the trade war, China and the United States, the two global economies of the world, have a greater impact on foreign -funded companies in China. From the perspective of European companies in China, even if the US president Bayeng came to power or the China -Europe Investment AgreementSigning may not be able to change this trend. They may have to launch two sets of operating plans for domestic and foreign markets, and even abandon one of the markets.
The China EU Chamber of Commerce and the Merics Research Center of Berlin Mercho China (Merics) yesterday decoupled: Where to go global, what to go to say that the confrontation between China and the United States in the field of science and technology has made European companies in dilemma.The chip was forced to shut down in China.China has customized standards in specific fields and strengthened domestic data protection and review, which has also made it more difficult for enterprises to operate transnational operations.
This report is based on the investigation of about 120 members of the Chinese EU Chamber of Commerce at the end of last year.Influence.European companies interviewed believed that the decoupling risks of politics, finance and trade are relatively controllable. China is unlikely to be separated from the US dollar as the core international financial system, and the trade war has not led to a large -scale withdrawal from foreign companies.
Foreign companies encounter "China Standards" competition, facing greater resistance
In contrast, the scientific and technological war that has emerged in the past two years has caused greater damage to the operation and development of European companies in China.Interviewed companies are generally worried that the chip supply of key components will be cut off with the US government ban.For example, the Chinese EU Chamber of Commerce Chairman Joerg Wuttke said that a member company was forced to close the production line in southwestern China for being unable to obtain American chips. Finding alternative products in other countries also led to a significant increase in operating costs.
At the same time, China uses its influence in countries along the “Belt and Road” to implement “Chinese standards” different from international standards in the advantages of infrastructure and digital advantages, which brings greater resistance to foreign companies participating in competition;Coupled with the differences between how China and the European Union and the United States have managed data, it is more difficult to obtain and cross -border transmission data.In addition, some European companies that provide digital solutions for US business reports that the Chinese government has implemented more stringent information review on them, such as the nationality of technical personnel who requires providing code to write code.
Woodkek has called on governments of China, the United States, and European governments to strengthen communication and exchanges and rebuild the global economic integration order, but he also pointed out that this is not easy.Even if Sino -US relations may improve with Bayeng's onto, the economic prospects of China and the European Europe are also optimistic than before, and the decoustal trend may increase.
TheReport pointed out that although Biden was not as aggressive as his predecessor, the United States regarded China as future competitors.This also allows China to pay more attention to self -reliance in key areas in order to get rid of dependence on the outside world.At the end of last year, the Central Economic Work Conference proposed to strengthen the national strategic technology power and enhance the independent controllable capacity of the industrial chain supply chain."Whether China will increase openness depends on whether this is in line with these two goals."
Although China has made many market open commitments through the newly completed China -Europe Investment Agreement, Woodker believes that this is still difficult to offset the extensive and far -reaching impact caused by decoupling.However, he is optimistic that the European Parliament will pass the agreement. "This agreement is beneficial to European companies in China and can also create more job opportunities for European domestic companies and employees."
