Stefan Kräuchi: «The high standing of education has a long tradition in China, as well as being one of the key drivers of the country’s success story.»
Mr Kräuchi, is the still unresolved trade dispute between China and the US dragging the global economy into recession?
Concerns of this kind do explain the increase in volatility that we are currently seeing in global markets. But there are clear signs pointing to a resolution of the Sino-US trade dispute. For example, there has been progress in negotiations over the further opening-up of the Chinese market and better protection for intellectual property. This is providing a boost to the shares of Chinese companies.