THE RESPONSIBILITY OF THE PR CHINA AND THE FEDERAL REPUBLIC OF GERMANY IN INTERNATIONAL FISCAL POLICY - Foundation Office China
Lecture
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Numerous fiscal uncertainties affect the daily life of today’s Chinese society: inflation, housing bubbles, income gaps, are just a few of the challenges which Beijing will have to manage, in order to secure a stable development of China. In light of the global connections of all cash flows, it is vital that countries work together on responsible solution strategies, in order to establish a stable frame for international investments and in order to secure sustainable economic activities. Due to a balanced European fiscal and economic policy, the Euro zone is supposed to move together more closely. The parliamentary state secretary in the federal government department of finance Hartmut Koschyk MdB, calls politics his home since three decades. Since 2009 he is responsible for fiscal policy, the capital market and tariff. Hartmut Koschyk MdB explained the responsibility of the PR China and the Federal Republic of Germany in international fiscal policy during his lecture.