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Scenarios for China’s dual-circulation strategy

China’s new economic guiding principle, the dual-circulation strategy, encompasses several ambitious goals, among them boosting domestic consumption and trying to take the lead in key technologies. The plan is part of the Chinese Communist Party’s 14th Five-Year Plan, but it could become a much longer-term element of China’s governance.

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The Balkans: Common market but no EU membership?

As enthusiasm for European Union expansion remains low within the bloc, the prospects for Balkan countries joining grow ever slimmer. In a May 2021 report, Dr. Blerim Reka predicted that an EU-Balkans economic zone might be seen as a palatable alternative. “If the proposal were implemented, Western Balkans countries would be part of the EU common market, but not full EU members. They would gain lucrative free trade with the bloc, but no decision-making power in setting its rules.” he wrote. Just a few days later, at a speech in Vienna on May 19, EU Enlargement Commissioner Oliver Varhelyi said the bloc was working on doing just that. “[W]e are also looking at ways to integrate more and more closely the Western Balkans in the EU’s Single Market. This means that in certain sectors we would like to see the Western Balkans to participate in EU policies even before they become EU Members,” he explained.

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Geopolitics are back on the agenda

Due to the fast changing international order geopolitics are back on the agenda. I believe that GIS makes a great contribution with analyses and insights that should help businesses and governments developing their responses.

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