China and Germany have developed a remarkable bilateral relationship over many years. Although China still needs support from Germany in many areas, it is now time for China and Germany to build a new partnership via development cooperation modalities to contribute to global sustainable development.
At the recent G7 energy ministerial in Rome, the Trump administration’s listlessness on climate change prevented attendees from being able to sign off on an endorsement of the Paris climate deal. With the G7 leaders summit in Taormina now only one month away, and the G20 leaders summit in Hamburg only two months after that, it seems Donald Trump is yet to be won over by those in his cabinet who believe it would be a mistake for an American President to attend both summits as the first world leader to cut and run from the Paris Agreement.
Advanced economies hold China responsible for global steel overcapacity. Yet, the postwar era has witnessed two steel overcapacity crises. The current debate cannot ignore past lessons.
In this blog, Alex He from The Centre for International Governance Innovation (CIGI) explores the G20 Hangzhou Summit outcomes, and China’s G20 presidency, for insights into China’s “strategy and perceptions around global economic governance”. He also considers the conditions that are required for the outcomes of the Hangzhou Summit to be successfully adopted and implemented in the coming years.
