Europe up on China’s data. Down in Milan Tim, Tenaris climbs

Listen to the audio version of the article (Il Sole 24 Ore Radiocor) – After one colorless week, the European stock exchanges they are off on the right foot, after Chinese data indicating an acceleration of the economy in the fourth quarter and the Chinese central bank’s stimulus move on some interest rates relevant to … Read more

Lithuania, test country for China’s economic coercion strategy in Europe

Lithuanian Prime Minister Ingrida Simonyte on November 10, 2021 in Kapciamiestis, Lithuania. INTS KALNINS / REUTERS Taiwanese bars will be able to refine their cocktail recipes, while a container of 20,400 bottles of Lithuanian rum should arrive on the island within a few days. The state-owned Taiwan Tobacco & Liquor Corporation has bought this batch … Read more

China’s Hybrid War on Lithuania and the European Union

The building of the Lithuanian Embassy in Beijing on Thursday, December 16, 2021. MARK SCHIEFELBEIN / AP Between war and peace, there is a state that diplomats call “hybrid war.” To punish Lithuania for moving closer to Taiwan, Beijing is leading a real “Hybrid economic war” to this small Baltic state and, at the same … Read more

The European and American response to China’s “new silk roads”

US Secretary of State Antony Blinken and US Ambassador to Senegal Tulinabo Mushingi in Dakar on November 20, 2021. ANDREW HARNIK / AFP To contain Chinese expansion, the United States and the European Union (EU) are launching alternatives to the “new silk roads”. Called “Global Gateway”, the European program, unveiled on 1is December, will mobilize … Read more

In Tangshan, symbol of China’s difficult energy transition

In a steel plant in Tangshan (northeast China), February 24, 2020. YANG SHIYAO / XINHUA / MAXPPP Sitting against a parapet in front of his brick house, Mr. Hu is sunbathing. This old peasant with a weathered face remembers the days when the sky was black, even in broad daylight. “There was so much soot … Read more

China’s slowdown, a “considerable challenge” for the German economy

“Withdrawing from China is not an option, we have to work it out. “ The confession, unambiguously, was made by Nicola Leibinger-Kammüller, patron of the famous machine builder Trumpf, on October 26. The laser specialist, who presented its annual results, acknowledged its growing dependence on the Chinese market: the company achieved, in 2020-2021, 525 million … Read more