Dr. Cora Jungbluth
Project Manager,
Bertelsmann Stiftung


Cora has been with Bertelsmann Stiftung since 2012. Before joining the GED project in April 2015, she was China expert in the “Germany and Asia” program. Her fields of expertise include international trade and investment flows, China’s economic development and Sino-EU/Sino-German economic relations.


Highlights of her work include the study “Going West – Chinese Direct investment in Germany”, which was presented in Berlin, Shanghai and Utrecht among others and referenced in German media such as Wirtschafswoche, Die Tageszeitung or Frankfurter Allgemeine Zeitung.


At the GED project, Cora specializes in macroeconomic analyses on Asia with a focus on regional trade agreements, global value chains and international investment.


Before joining Bertelsmann Stiftung, Cora was assistant professor at the Institute of Chinese Studies, University of Freiburg, Germany. Her research and teaching focused on the economic development of China and East Asia. From 2009 to 2012, she worked as a researcher at the Cluster of Excellence “Asia and Europe in a Global Context” at Heidelberg University, where she also acted as head of her research group. Her focus was on trends in China’s foreign direct investment. As a freelancing consultant, Cora has worked on Asia-related projects with Roland Berger Strategy Consultants and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), among others.


Cora studied Chinese Studies and Economics at Heidelberg University, Shanghai International Studies University and Tsinghua University, Beijing. She holds a PhD in Chinese Studies from Heidelberg University. Her PhD dissertation focused on the internationalization process of Chinese enterprises and was published by the renowned German publishing house Nomos in 2014.



China – Partner and Competitor. An Analysis of Sino-German Trade Relations (1992-2010). 2015 (in German).

Going West – Chinese Direct investment in Germany. 2013 (in German).

Policy Briefs and Articles

Asia Policy Brief: Asian Middle Classes – Drivers of Political Change?, no. 6, November 2014 (with Serhat Ünaldi, Clemens Spiess and Bernhard Bartsch),

Asia Policy Brief: Going Global, Going West! Chinese Direct Investment in Germany, no. 3, May 2014.

Asia Policy Brief: Don’t Go Protectionist! Trade and Investment Relations between the EU and China, no. 1, June 2012, (with Helmut Hauschild).

“Een Kans én een Uitdaging: Chinese Investeringen in Duitsland [Chance and Challenge alike: Chinese Investment in Germany]”, Magazine nationale veiligheid en crisisbeheersing, no. 6, 2014, pp. 6-7 (in Dutch).

„With Potential: Chinese Investment in Germany”, Unternehmer Edition, no. 2, August, 2014, pp. 20-21 (in German).

„Going Global! Chinese Firms Target German Flagship Industries”, German Chamber Ticker, December-January, 2014, pp. 40-41.

„Interdependence – Trade Relations between Germany and China“, Global Contact, May 2013, pp. 24-25 (in German).

„Marching forward – Chinese Companies in Germany“, bdvd-aktuell, member magazine of the German Association of Economists, no. 122, 2013, pp. 12-13 (in German).

Media Comments and Interviews

“Highlights on finance and economics from the ‘two meetings’”, comment on China’s “New Normality”, Xinhua News, March 10, 2015 (in Chinese).

“Foreign investment by Chinese private companies are on the upward trend中国私营企业对外投资趋于上升”, interview, Xinhua News, October 7, 2014 (in Chinese).

China and Germany rely on each other”, interview, 52° Live, No. 6.1, March-April 2014 (in German).

“The new love with the far east”, comment on Chinese investment in Germany, Handelsblatt, January 16, 2014, p. 9 (in German).

“Chinese investors pursue long-term interests”, interview, Unternehmer Edition, August 2013, p. 34 (in German).

“China and Europe accuse each other of dumping prices“,comment on solar panel dispute between the EU and China, Tagesspiegel, June 9, 2013, (in German).

“The long march through Germany“, comment on Chinese investment in Germany, Capital, June 2013, p. 36 (in German).

“China’s Prime Minister Li Keqiang visits Berlin: Focus on economic and human rights issues”, interview, TZ München, May 27, 2013 (in German).

China-Germany ties play leading role in China-EU relations“, comment on Sino-German economic relations, Xinhua News, May 25, 2013.

“Germany is China’s ‘door to Europe’”, interview, Xinhua News, May 24, 2013 (in Chinese).

“Chinese investors are better than their reputation“, comment on Chinese investment in Germany, Die Tageszeitung, April 25, 2013, p. 8, (in German).

“German Mittelstand open to offers from Chinese investors”, comment on Chinese investment in Germany, Frankfurter Allgemeines Zeitung, April 24, 2013, p. 11 (in German).

“China’s annual political sessions viewed positively by world community”, comment on China’s economic development, news release by the National People’s Congress of the People’s Republic of China, March 11, 2013.

Academic Publications

„Unleashing the ‘Green Cat‘? The Promotion of Renewable Energy in China — Lessons from the Solar Industry“, in: Reuter, Etienne/ Men, Jing (eds.) China-EU Green Cooperation. Singapore: World Scientific, 2015, pp. 117-131.

Going Global – The International Expansion of Chinese Companies. Baden-Baden: Nomos, 2014 (in German).

“‘Dragons in Germany‘” – Delusions and Realities of Chinese FDI in Germany” in: Das Argument, no. 269, 2012, pp. 96-106 (in German).

“Creating a Chinese ‘Miele’? Asymmetries in the Consumer Perception of Chinese and German Brands”in: International Journal of Asian Business and Information Management (IJABIM), vol. 1, no. 4, 2010, pp. 30-42.

“Going Global, Crossing Cultures – Intercultural Management in Chinese Enterprises”, in: International Journal of Chinese Culture and Management (IJCCM), Vol. 1, No. 3, 2008, pp. 274-288.




Published Posts by Dr. Cora Jungbluth
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Time for New Allies? The EU Should Push EU Asia Economic Relations
Thoughts on the eve of the ASEM: Global Partners for Global Challenges, Summit

The Economic Ministers of the 53 member states of the Asia-Europe Meeting (ASEM) are convening in Seoul from September 21 to 22, 2017. Given the rising protectionism worldwide and especially U.S. president Donald Trump’s nationalistic economic policy, we argue that this meeting is an opportunity to signal good economic cooperation beetween Asia and Europe. More ...

My Life Graphic / Shutterstock Images My Life Graphic / Shutterstock Images

Globalization Report 2018: What about the NAFTA Countries?
Interconnectedness of the three countries beyond the FIFA World Cup 2026

The FIFA World Cup 2026 will take place in the three member states of the North-American Free Trade Area (NAFTA) – Mexico, Canada and the United States. This was officially announced today (June 13th, 2018). This huge event will certainly enhance the international interconnectedness of the three countries not only in the fields of sports, but also in many other areas. We take this as an occasion to look at the level of globalization the three NAFTA members have reached already and how much they have benefitted so far from increasing international interconnectedness. We base this analysis on our “Globalization Report 2018“ which we published last week (June 8th, 2018). More ...

My Life Graphic / Shutterstock Images My Life Graphic / Shutterstock Images

Globalization Report 2018: What about the BRICS countries?
Why are they not the main profiteers?

In terms of real gross domestic product (GDP) per capital, industrialized economies are the biggest winners of increasing globalization. Why are the BRICS countries (Brazil, Russia, India, China and South Africa) , some of which are regarded as the engines of globalization, not the main profiteers? This is the question we are looking into in this blog post. More ...

My Life Graphic / Shutterstock Images My Life Graphic / Shutterstock Images

Globalization Report 2018: Who Benefits Most from Globalization?
For the 3rd time in a row – industrialized countries are biggest winners in globalization

The main question in the “Globalization Report 2018” is: What impact did the increase in globalization between 1990 and 2016 have on real – i.e. inflation-adjusted – GDP per capita in the 42 countries analyzed. This indicator was chosen because it is more meaningful for the prosperity of citizens than the GDP of the economy as a whole. More ...

Engineer hand using tablet, heavy automation robot arm machine zapp2photo - stock.adobe.com

Is China Systematically Buying Up German Key Technologies?
An Analysis of Chinese Acquisitions in Germany in the Context of “Made in China 2025”

Foreign direct investment (FDI) can have positive effects, such as job creation, on the host country’s economy. However, the surge in Chinese M&A transactions in Germany has recently aroused suspicion. What is behind the increased interest in "Made in Germany"? And in which sectors do investors from China invest most frequently? More ...


Asia and Europe: Prospects for Asia-Europe Economic Cooperation in a New World Order
GED participates in the Asia-Europe Economic Forum 2017 in Seoul

The 14th Asia-Europe Economic Forum (AEEF), which took place in Seoul from September 20-21, 2017, included sessions on international trade and investment, the 4th industrial revolution and macroeconomic policy coordination among others. Special consideration was given to the role of European-Asian economic cooperation in times of Trump and Brexit. More ...

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GED Focus Paper: Trump & Brexit – European-Asian Economic Relations Under New Conditions
Asia and Europe need each other and there is more room to intensify interregional cooperation

The Economic Ministers of the 53 member states of the Asia-Europe Meeting (ASEM) are convening in Seoul from September 21 to 22, 2017. Given the rising protectionism worldwide and especially U.S. president Donald Trump’s nationalistic economic policy, we argue that this meeting is an opportunity to signal good economic cooperation beetween Asia and Europe. More ...

DAVID HOLT @ Flickr.com DAVID HOLT @ Flickr.com

How Much Will Brexit Impact the UK's Trading Power?
Calculating the Effects of Brexit on an EU-India Free Trade Agreement

Since June 2007 India and the EU have undergone negotiations for a comprehensive trade deal. This blogpost will look at the effects of Brexit on an EU-India Free Trade Agreement and will assess whether the UK could compete with the EU for a future FTA with India, which is continuing to expand its role as a major player in global trade. More ...

Varshesh Joshi / unsplash.com edited by GED Varshesh Joshi / unsplash.com edited by GED

Webinar Recording - Who benefits from an EU India Trade Deal ?

Talks between India and the EU about a possible Free Trade Agreement (FTA) have been going on for some while now and have been anything but easy so far. The recording of our latest GED webinar tells you the economic effects such an agreement could potentially have. More ...

Leio Ohshima McLaren @ unsplash.com Leio Ohshima McLaren @ unsplash.com

GED Webinar: The EU-Japan Trade Agreement
Learn more about the economic effects and policy implications of the next big trade deal

TTIP is seemingly breathing its last breath and President Donald Trump declared the US’ official withdrawal from TPP. Are mega-regional trade agreements at an end then? Not quite. Nowadays many experts are looking at the trade deal negotiations between the EU and Japan to set a renewed signal against protectionism and for free trade among the global economic community. More ...

Sean Pavone @ shutterstock.com Sean Pavone @ shutterstock.com

EU-Japan: Free Trade Agreement Commitment to Economic Cooperation
Learn all about the effects of the proposed trade deal in our newest GED Study!

A new study of the ifo Institute on behalf of Bertelsmann Stiftung shows that both the EU and Japan could gain additional benefit from a free trade agreement. More importantly, however, the agreement would signal a clear commitment to economic cooperation and free trade in the era of Brexit and Trump. More ...

Montage Global Panorama and knowmadic news @ flickr.com Montage Global Panorama and knowmadic news @ flickr.com

US-China Relations – The Next Big Issue for America’s New President
Is China stealing America's spotlight?

Trump vs. Clinton – On 8th November, the USA elects a new president. During the campaign, China was portrayed as the embodiment of globalization trends and held responsible for what appear to be the increasingly negative effects of globalization on the USA’s economy. Will the USA, once the most prominent champion of free trade, become drawn into a downward spiral of protectionism? More ...

Montage: Shutterstock/tolotola; Getty Images/iStockphoto/Sebastian Hamm Montage: Shutterstock/tolotola; Getty Images/iStockphoto/Sebastian Hamm

Chinese Direct Investment in Germany
Chance and Challenge

Over the last years China has steadily increased their investments into countries outside of Asia, often being greeted with mixed feelings by other countries. Our study has analyzed Chinese foreign direct investment over recent years in Germany and reached mixed conclusions. More ...