Published: April 12th, 2024,
Last updated: May 28th, 2025
By Joern-Carsten Gottwald and Markus Taube
Markus Taube (left) holds the Chair of East Asian Economics / China at the Mercator School of Management. Joern-Carsten Gottwald is Professor of East Asian Politics at the Ruhr University Bochum.
There is no surprising or even revolutionary concept behind China’s „new productive forces.“Nevertheless, it should be worth keeping a close eye on developments, especially from a German perspective.A definition of the term.
The Chinese economy is in a phase of structural weakness in which various challenges need to be overcome simultaneously: