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 they 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.
Delegation for trade and peace is a very bad thing indeed
Hmmm the G7
And?
mit den Chinesen ist nicht gut Kirschen essen zu viel Technologieklau Handel ohne Wandel aber mit großem Souveränitätsverlust Spätorientalismus kann zum Untergang des Abendlandes führen Arbeit macht nicht frei, nicht einmal in Sinkiang