investments in China in the past four years, according to the Rhodium Group, a research firm. And German firms are doubling down: in the first half of this year German companies invested €10bn in China, more than ever before.Worries about undermining those business relationship have led to some controversial policy choices at home.
This kid-glove approach to China is out of step with his Western counterparts. In America China-bashing is a rare bipartisan pursuit. President Joe Biden, a Democrat, has been expanding the scope of restrictions on the export of advanced technologies to China introduced by his Republican predecessor and potential future rival, Donald Trump, most recently last month. America also bans Huawei. So do several of Germany’s fellowmembers.
That is not enough. Expecting geopolitical tensions between the West and China to go away is naive at best. So is expecting an autocrat like Mr Xi, who makes no bones about wanting to indigenise Chinese industry, to respect all commercial commitments to foreigners. Not cutting all business ties with China is understandable, and perfectly sensible. Deepening them looks reckless.
nopes it doesn’t, it’s balancing its position whilst betraying their collective, like with the borsten nordstream2
cost x3.
Although the British economy is destroying itself, Europe is not obliged to do the same, or am I wrong? On the contrary, the German economy is becoming more intertwined with China.
You sound desperate
Oh I wish they have happy ending..🤣🤣