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What's the direction of China's market-access policy?
While China has managed a fast economic recovery after the pandemic, Beijing has laid out plans for its future economic policies that signal an inward turn. For instance, the Fourteenth Five-year Plan talks about a new model of ‘dual circulation’, which means that the country will reduce its reliance on foreign markets. But are inward-looking policies economically viable for China – a country that has prospered greatly on the back of structural economic reforms that gradually opened the country up to foreign competition? What is China trying to achieve with policies that seem to encourage self-sufficiency? And what are the consequences for Europe and European businesses that have invested in China’s economic future?
Organiser: European Centre for International Political Economy (https://www.ecipe.org/)