Social Market Economy
Only the market economy guarantees the citizens personal freedom, social peace and high prosperity.
News
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Resource Dependency from China: A Possible Way Out for Europe
After months of crisis experience with Russia’s manoeuvring in energy policy, Europe has learned the hard way: it is not advisable to rely majorly on one single partner when it comes to essential resources. This applies especially when the trust relationship with that partner has already been burdened by tensions and scepticism from the beginning. Now Europe is struggling desperately with the effects of the Russian attack on Ukraine and its economic consequences. There can only be one conclusion: Don’t rely on one partner only!
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China's influence in Europe
Over the past decade the impact of China's economy has been increasing consequently with far reaching dependencies worldwide. While China has not been using traditional military force to expand its power, we can see clear instances where China uses political and economic coercion to reach its goals. This has led many counties to label China as a “systemic rival”. And that begs the question: What does China’s rise mean for the world?
