The China Challenge -- de-risking ties with an economic colossus | DW Business
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- čas přidán 22. 02. 2024
- In the past decades, Germany’s export-driven economy has become heavily dependent on China. It’s often an uncomfortable relationship involving cars, rare earths, 5G tech -- and human rights. In this explainer, DW Business examines the rise of this unique economic relationship and asks if German attempts to “de-risk” its ties with Beijing will work out.
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#germany #china #5g
human right violation in Hong Kong and Xinjiang but no human right violation in Gaza gotit🤔
no human right violation in HK or Xinjiang
u are welcome to visit both
Uncle Sam will say: There is no
human rights violation in Gaza
also.
SO WELLCOME TO GAZA.
@@huaimingli8555if I visit Xinjiang nobody gonna hurt me but if I visit Gaza U know i maybe can't back home 😂
Not sure how "welcome" Xinjiang is to foreign reporters...@@kenho-wr5ul2rh7m
We don’t produce anything in Israel, we produce in China. That’s why your argument is a non-argument.
Germany is NOT at the table of the US, but on its menu 😂😂😂
Such hypocrisy mentioning the alleged human rights violations yet, those same Critics turn a blind eye to the murder and suffering of Palestines in Gaza. Especially the children of Gaza numbering well over 4000 murdered and not even counting those who are injured and suffering.
gaza is in jungle, eu look only at the garden.
This shows you that Germany is a mafia "western" supremacist state like the US.
哈哈哈，完全支持
Gaza is not on their side , so they dont care. Uyghur people in Xinjiang doesnot killed and oppressed as hard Palestinians but they keep on saying that it is violation of human rights.
Human rights for them is conditional, wheter you are enemy or friend 😂
Yet no alleged human violations that occurred on Oct. 7th? The Palestinians suffer from HAMAS and they brought it onto themselves. Apples to oranges
Shame on Germany. And this is from a German.
Why ?
Isn't Germany a colony of the Americans?
@@MetaView7 Because this was obvious years ago. But instead of derisking in time, which would have been in line with Germany’s proclaimed values, they stayed in - just out of greed.
As an Irishman I agree
You've been bankrolling dictatorships for decades leading to the deaths of thousands in Ukraine and imprisonments of millions in Xinjiang Uyghur Autonomous Region
Shame on Germany indeed
@@igoldenage indeed, as long as everything is in the interests of the United States. Dummes Deutsch！
Reporter didn't even bother to say "alleged supression." Spoke with so much confidence.
They have changed since 1945.
Lol
It's definitely happening
DW didn't side with commies, unlike Germany
A little hard for her to check in Xinjiang...
@@thecomprador She doesn’t need to. Reuters will provide the evidence
As a sovereign nation, every country has the right to make its own decisions, you need to be a sovereign nation first though 😂
Germany is an occupied country that has no sovereignty, not a real independent nation,
Yeah, everyone is basically free to do whatever they want, but it is good to take into account that other countries and individuals are also free to react to it however they want. Fanatec is a German company, but they get parts from China, which is why i dont want to buy their products. Most people probably dont have enough integrity to think twice about such things, but at least i want to TRY to do my part...
@@EspenFrafalneis your phone or parts of your phone made in china? if you phone is not. you WiFi route might be
@@ruili5579 My phone is 10 years old, lol, and i have only taken the China stuff seriously the last 6 months or something. Phones are also one of those things where you probably cant fully avoid China. Fanatec (a German company that uses Chinese parts) makes sim racing wheels though, and both Thrustmaster and Simucube are 100% western alternatives. Thrustmaster is nowhere near as good as Fanatec though, and Simucube wheels are not exactly budget friendly, with prices ranging from 2000 to 4000 euros - but at least my money would go to an ally.
Not only Germany basically all of europe is a modern colony of the US
"Xinjiang .... home to 12 million Uyghurs, an ethnic group that suffers suppression by the Chinese governmenr. " How is it possible that the population increases from 8.34 million in 2000 to 12 million in 2020 if they suffer suppression as this reporter has alleged?
Because of lost in competition ..
The main reason Germany+U$A come up with "XingJiang forced labour " story .
From an expert never even been to China.
She said oppression. Not genocide
@@user-sm9jy2jm1i So oppressed people can multiple 50% while oppressed and unhappy 😂
Correct.
Unhappy people have
3 sources of enjoyment, food, sleep, and sex, and that's it.
@@netgodzilla15 wives 😂
Translation: when trade favors the West, it is good. When the scales tilt, well then we must decouple and bring up abuses we ourselves have committed throughout history and point to a record no other group of nations can compete with.
The US always be a double standard.
This is very disappointing.
well said, 👍 👍
They accuse companies like Huawei and TikTok but they provide no proof. To accuse without proof is called slander.
you mean "reveal your sources and methods" don't you?
@@icu17siberia I mean accusations must be backed by evidence.
😂😂😂😂. Do u demand proof of sunrise nd sunset
@@offred6013 YES. After the man who claimed the earth was round was burned to death, scientists proved sunrise and sunset.
@@offred6013 YES. After the man who claimed the earth was round was burned to death, scientists proved sunrise and sunset.
DW always makes me feel its an American media.
When will the Germans who can't make their own decisions really have national sovereignty?
How can China establish a long-term and stable cooperative relationship with a country that cannot make its own decisions?
It is
It has more to do with being a wumao than DW as a media.
it sure is
DW has always followed the orders of American dad, and this time is no exception.
Cheap energy from Russia, numerous customers in China. Both have been lost. Lets see the next magic trick.
The blackmailing nation hahaha, not a loss
You also have 73000 US troops stationed in the Green Party and German territory.
@@dennisestradda9746 Russia doesn't care at all. Sholts bye bye
The China market has certainly not been lost... Yet. It's actually up to Germany to decide whether it wants to look after itself or just follow what the Americans want.
Effectively with more expensive energy it would be hard to compete on pricing with anything in China, unless German companies physically move production to China.
If Germany is looking for alternatives, "The next China, will be China"
Welcome unbiased Germans to China to climb the Great Wall and see pandas
india is on the rise though
True
@@Do-not-be-sheep he means no mattee what Germany or the Rest of Europe does, China will ALWAYS be China and refuse to be influenced or dictated by outsiders
The next china is Germany. Germany has a $200 billion trade deficit with China due to chinas unfair trading practices. A study completed recently by the German government showed that if Germany disconnects from china only five percent of their economy would be impacted and only for a couple of years. The impact on China would be devastating
Germany should think a question why the media discuss the topic of quitting China.
State controlled media
The German media feels like they're watching the American media, and everyone knows that
but first question is why GERMANY wants to quit CHINA? Do you have a better option? was it because the USA force you to quit CHINA OR the its most benefits for GERMANY Itself?
No one wants to quit China, only minimise risks and dependency
Why is china worried about this?
@@icu17siberia what if CHINA asking all other countries boycotting GERMANY products? would you worry?
Any self-repeating democracy would want to disentangle its economy from a totalitarian regime like China. It is pretty obvious to anyone who’s not Chinese.
It started with Australia…Decoupling with China , their top trading partner just to please the US…It backfired “bigly” and they had to change their prime minister with a less hawkish attitude…The infamous Tonya Harding defense strategy .
the prosperity of the German economy is based on two major factors : cheap russian gas and the colossal and lucrative chinese market , imagine if germany lose these two resources
It has lost already.
Cheap Russia gas? Kremlin trolls everywhere
FAFO
Yes, you're right - G has become a drug addict.
China never forgot Germany's assistance when China opened its doors to the world.
Because Germany is on the wrong side of the history "again"
LOL! You got your history class from Trump University? Russian genocidal attempt in Ukraine is to be on the right side of history for you? China and the Uyghur is the right side of history for you?
MSM saying bad things about Xinjiang but never going there to investigate themselves. When you youtube and see citizen journalist going to Xinjiang, all you see are happy people and a well developed region. Meanwhile Gaza..... What has happened to professional journalism?
It's one of heavily restricted regions for foreign journalists. Vice went a while back but it was already dangerous for journalists.
@@yo2trader539it's so easy to hide millions of people from satellite/media. Either china has superior concealment tech or westerners being brainwashed by their govs
Do you know why foreign journalists are restricted? because most of them had a conclusion already, they just go there to find any "proof" to suit their conclusion.
Any common citizens from any country can go visit Xinjiang with no restriction at all! You can find many real independant vlogers visited Xinjiang, debunked all those lies by MSM.@der539
You do know Xinjiang is open to visitors right?
The question you should be asking: Why should Germany or any other country quit China? To please the US Empire?
At least US has a reason to fight and china, i.e. to contain china and remain a sole global superpower but what reason does Germany have to fight China other than becoming a sacrificial lamb for the US against its fight of dominance against China?
To upheld our common democracy values.
@@jntiger1981 No, is to uphold USA superior value at the cost of Germany and Europe's decline
因為歐洲沒有歷史，德國的歷史就是法國的屈辱史，法國的歷史就是德國的屈辱史，所以歐洲需要一個共同的價值觀來統一歐洲。中國已經有秦始皇了，早就跳脫民族國家進化成文明國家。希特勒和拿破崙做不到的中國早就做到了。
If the Germans aren't happy with NATO, they can protect themselves from the Russians.
@@jntiger1981I hope you keep the same energy when things get more expensive in Germany.
When the US says jump, Germany jumps.
Fun fact :
The dog's degree of freedom == the length of the leash.
I am from hk, it doesnt matter if i am pro or against China. What do you mean by "democratic taiwan"?
Is DW partly or wholly funded by the german government?
Funded by the CIA.
DW is funded by the German government and controlled by the US government. That's the reality.
The so-called de-risking is now in vogue, but what risk is there? As regards the various accusations against China, have the accusors got any proof to validate them?
German is already on the Menu.... according to blinken
DW truly going around in circles with no idea what is going on.
Xinjiang? You should worry more about the US backed Israeli genocide in Gaza.
Principles and ethics are great until they start to eat into your bottom line
It wasn't like that before 1999, the good ole days.
Truth and the rejection of lies should be a cornerstone of principles and ethics.
“Principle” and “ethics” are great tools to use to control others and to stay in power. The ones who accuse others being unprincipled or unethical are usually the one who have committed the most crimes.
@@user-4m9-dr80h4911 was the tipping point …😓
3:13
So YOU get to change countries through trade ?
How dare u
What is more important to Germany? Follow the leadership of the US to its deadend in its so called human right? Or its own road to prosperity of Germany.
IN English please
It's funny how EVERY time China is mentioned you always hear the words. "Human rights violations". I wish for once they would actually explain which one they are referring to exactly... It feels like, If you don't mention it, the CZcams algorithm will label your video as pro-China and throttle your video so it doesn't get recommended so much.
What about the Palestinians suffering from Israeli occupation?
the ww2 war criminals are holding high moral ground
I guess you didn't watch the video then, such as the bit where she blamed German companies for failing to keep up and for poor strategy. I guess you just must have an agenda 😉
keep living 100 years ago xd@@hand587
Exactly, it's all talk, Germany needs to stop all trades and businesses with China, and donate 20% GDP to support Ukraine. Germany started 2 wars, time to stop the third one.
🇺🇲👹👿😁✌️@@themiddlelayer
@@themiddlelayerAlso Germany should give the other 80% of its GDP to the US, because the US deserves to have it.
You either choose ideology or economy. Ideology will cost you, like it costs everyone. It’s weird how fast people sacrifice their values if it means they get poorer.
Because human rights cost money. You think you can give people good free education, good free healthcare, unemployment benefits, retirement benefits, good infrastructure, clean but more expensive energy etc. without money?
@@valerievankerckhove9325Don't find any excuses. Everything originated from the 73000 US troops stationed on German territory.
China never intended to export their ideology. Isn't it a bit disingenuous to trade with China because Germany wants to change their ideology?
So you don't trade with country with different ideologies now huh?
Or you just can't accept different ideologies.
Due diligence is not compatible with capitalist greed.
My question is why Germany has to quit China, Can Germany quit the US ?
People were asking the same exact question about Russia just a couple of years ago. History has given the answer.
Everyone in the West will eventually have to quit China, because the war that is inevitably coming will force the same style of sanctions that we have today against Russia. The more dependent an economy is on China the more it will suffer from the forced disentanglement.
Na~~too many USA army in Germany.
@@oneiropagides342what's west ? Who decided that ?
If that is true then we'll east also quit the west ?
I love how china is a nation while west is a non existent mythical country
@@oneiropagides342 russia has borders with europe, china has no borders with europe, u are just trying to please ur master US. EU hv nothing against china, yet EU is acting like a main character, wake up before u become a sacrificial lamb for US.
You sure about how that relationship will endure? Asking, because I think we are slowly being prepared to decouple to please America.
To please america? If it wasnt for america germany wouldnt exist after ww2
You got played by both Russia and China then blame america, good one
@@gossling77 No, America baited a war in Ukraine, that is the issue.
@@univeropa3363 america did not bait anyone into anything, it was germany who strengthen Russias power and built 2 nordstreams. Dont blame the US for Your own problems. China is going to betray You too, be sure of that
@@univeropa3363Russia is invading Ukraine. Not the other way around!
No relationship can survive self destruction
Germany is on the downward spiral, from high energy cost, US trade sanctions, high inflation, jobless, budget deficit , war and losing competitive market in China.
Agreed
25-1-2024 German Chamber of Commerce in China: 91% of the companies surveyed have no intention of withdrawing; 46% expect Chinese companies to become industry leaders.
The German Chamber of Commerce in China released the "2023/24 Business Confidence Survey Report" on January 24, stating that 5% of the surveyed companies believe that Chinese companies are already innovation leaders in their industries; 46% of the surveyed companies expect that Chinese companies Become an industry leader in the next five years.
The report also shows that 91% of the companies surveyed have no plans to leave China, 78% of the companies expect that their industry will continue to grow in the next five years, and 54% of the companies plan to increase investment.
The survey was conducted from September 5 to October 6, 2023. A total of 566 member companies of the German Chamber of Commerce in China accepted the survey.
The German Chamber of Commerce in China currently has more than 2,100 member companies and is the official association of German companies in China.
17-2-2024 Ignoring the German government’s “de-risking” measures, German companies’ investment in China hit a record high last year
Based on the study of data from the Bundesbank, a report released by IW that day showed that Germany’s total direct investment in China in 2023 will reach 11.9 billion euros , a year-on-year increase of more than 4%, setting a record high. The report also shows that last year, investment in China accounted for Germany's total overseas investment, not only did not decline, but also rose to 10.3%, a new high in the past 10 years.
Germany needs China more than China needs China. China's economy is rather intertwined with the US though both are slowly decoupling.
Trade value between US and China increased dramatically surpassing pre trade war levels.
China is now the most mature and competitive platform in the world, not just a pure market or factory.
You can leave this platform for various reasons, but you may be abandoned by the trend of history.
Germany is a country based on a monotheistic religion. Ordinary Germans living in it have no idea why a country that separates politics and religion is doing this in Xinjiang. They only know that it seems to be depriving them of their freedom to believe in religion, but they do not know that Islam itself has It has a very stubborn tendency to integrate politics and religion.
Agree, see Malaysia and Indonesia for example.. one thing china does with masterclass is control them
"cars, rare earths, 5G tech -- and human rights"
I agree that those are basically our priorities, in that order, if the dash (-) stands in for "profits".
DW: Why Germany can't quit China?
Addiction Center: China is highly addictive and giving up can be very difficult. Professional support is vital to overcome China addiction and to remain addiction free.
Take VW as an example, 37% of the sales go to China, but 50% of the Worldwide profit comes from China.
Because it’s hard to give up free stuff. You need to work hard to produce stuff that China slave labor produces almost for free.
@@oneiropagides342 >> slave labor produces almost for free.
Are you saying you support slave labor? Your home and business is virtually full of Made-in-China stuff.
In 2019 (before lockdown), 140 million Chinese traveled overseas. They spent $245 billion (That's a B). At the end of their trips, they all went home. Why?
being an obedient follower to another country by abandoning cheap Russian gas is already damaging enough for the economy and the ordinary people, if you are brainless for the second time by decoupling ('de-risking' is just a more flowery word) with China ,it's suicidal ..
Your Colonial Master will force you to...
So they have to be slave of China master, you say?
no human right violation in HK or Xinjiang
This video is like an off-tune-singalong, with little substance. Do let me know about Germany's challenges and how to overcome them instead of parroting the other side of the Atlantic spiel on human rights. I wish more for more thoughtful content. perhaps, it is asking for too much.
I gave up when she said China is an Autocracy. That shows how little she knows about the operation of the Chinese Government. China is a bureaucracy. The Chinese govt is made up of layers upon layers of committees and agencies manned by the sharpest minds in the country. They spent countless time on meetings and studies and debates and votes, just like any other Western government. One of the major failures of the West is that they discounted China as a simplistic dictatorship, and let them get away. They are left behind, but they still haven't learned.
I am waiting for DW anti-China spin....
History has taught us: when you make friends with China 🇨🇳, it always takes advantage of you.
Are you referring buying 4x more expensive gas from US, drain all Germany $$$ to US, bombed Germany pipeline lol
They blew up the gas pipelines, and then sell their gas at 4x more expensive. That is daylight robbery.
What history is that😂😂😂
Yes what history?
Indeed.
USA: Germany needs to be independent in energy sector, not to depend on Russia and China.
Germany: but then who will trade with us for energy and resources.
USA: empty air 🤷♂️
We all need each other
We can choose Friend who we want.
@@garylow708 and Germany chose to be at the table, but ended up as the menu.
@@garylow708 can u ! Can u really ?
Human Rights? Have you been to Xinjiang? The GDP per capita is higher than the national average.
China an Autocracy? That shows how little you know about the operation of the Chinese Government.
Since when dominating in a foreign market has become a shortcoming and abandoning a foreign market is seen as a wise decision? 😂
Germany is a democracy? Why it doesn't put the interest of its people first, but rather serve the interest of US. Or I am reading the wrong dictionary?
It's a democracy and the interest of every democracy is keep itself as far away as it can from the autocracies.
Fanatec: Id love to buy your wheels if you find western sources for your parts (as opposed to China). Ideally German, as Germany is known for the best quality products in the world. Hats off to Germany 🥰
I guess the title should be why should German quit China.
A relationship with a toxic narcissist is better than no relationship at all - debate.
Toxic narcissist= usa
De risking - decoupling only shows they fear China. 😢😢
The post-WTO entry celebration is over. For years both sides operated on faulty assumptions.
The West thought that trade would lead to a more democratic China. It didn't (at least not as they expected).
China thought that as it grew trade relations and economic clout, that it would get respect and that other powers would somehow turn a blind eye as they expanded their regional domination. They too were disappointed.
The honeymoon is over. Talk about "decoupling," "friendshoring" and "de-risking" are fun talking points, but the relationship of mutual reliance is still there. There may be realignment, but those who expect an abrupt rupture of ties are also going to be let down. It's time to just go to the post-honeymoon phase of the relationship.
If you really care for the people in Xinjiang, you should welcome investment in Xinjiang to provide jobs for the people. Yet, you penalize companies that invest in Xinjiang or hire people from Xinjiang. So what is the real motive?
How did Germany get into this situation?
A total absence of any geopolitical knowledge and a blind trust in an ally that has proven time and time again of being untrustworthy.
Corrupt politicians with wishful thinking.
Asking to US…
The caption is a total fallacy. A more accurate description is that PRC has been serving for the past 2 decades plus a good comfort zone for German enterprises.
relationship between Germany and USA: ally, competitor and father; lol
The US to Germany: Sit! Yeah good boy!
@@DBGE001 Sorry Womao; Maybe that is how it works for Xi and the people of China.
Troll.
Forced labour? Hold on.. You provide free money to your ppl in Germany without doing a job?
“Change through trade” is not a policy, but and excuse for business vested interests
Opine, the entire Germany Chemical Industry may not be able to produce nor to manufacture a majority of its chemical products again inside Germany, due to environment issues & cost, except only inside PRChina. Would think, there can be no pulling back / reduction of German chemical manufacturing activities already established inside PRChina, except to increase further capacity and investments.
Where there are sugars, there are ants.
For Germans or anyone mistaking Xinjiang for Gaza in terms of 'Genocide' and thinking of moving to the next China.... That could well be Western China which Xinjiang is part of. Go look at how it is rapidly developing with the same manufacturing prowess (and discipline) shown over the decades by the coastal provinces. Western China can make widgets at triple the speed and 75% the cost of anyone in India. 😂
Picture speaks a thousand words. DW should put a picture of the current state of Gaza and Xinjang's city? Why the poor journalism?
Good analysis
Why dw not working in the intrested of the german people?
This is a simple story about some unappreciated individuals who thinks that they are too good for their biggest customer, China. They tried to ban the it but they are soon realised that they need to eat too
If it weren't for China's unprecedented economic growth that the US can't cope, Germany might have suffered the same as Japan's lost decade in the invisible hegemonic hands of the US
German media feels like watching American media, independent power?
De-tieing with an economic colossus that's your largest buyer is a major risk
That’s an understatement..
What happened to democracy, freedom, and Human Rights? All talk no substance...... Germany's a joke 😂😂
Well it doesn't exist in China so... ? Not sure I follow your argument. Is it just resentment at a European country?
2024 will be the last year anyone dares to smear China with human rights accusations.
All will be forgotten in 2025, just like the balloon.
😂😂😂 yeah no one needs lesson on democracy freedom and human rights from India😂😂😂
How's dehli
@@OnlineEnglish-wl5rp There is Democracy and Freedom in China. You can look into it, don't just listen to the western narratives.
Germany says India to Stop trade with Russia, but don't stop trade with China,
When politics starts talking of where, what and to whom you will buy and sell, you may as well close your shop.
Is German the dessert....between 2 diners US and China...who's on the menu?
It's complicated.i can feel for German
I very much want to be a forced labour, if the pay is reasonable.
How unlucky we hear such pack of lies to smear. Shame of this woman
Did Germany ever want to leave China? What’s this title even mean ?
The language is so well crafted, but wait until Taiwan is invaded and all that economic dependency of carefully crafted terminology would go out of the windows for Germany, in the same way that lifting sanctions against Russia is impossible.
Amen!
Why would China invade TW ? Unless the US decides to tip the scale … There’s a reason why TW is the only Far Eastern Asian country surrounding China without US military bases or US troops.
The second largest economy and the third largest economy. To not work together is a mistake but if one can survive without the other fine.
I guess one can substitute "Germany" with "Europe". Germany just being the largest economy in Europe.
American daddy blamed you again?
China and Germany has the same approach in economy. But in different ways.
China is not really an state controlled economy but an Oligarchic controlled economy the same with Germany.
It's free market economy is also controlled by Oligarchic system. But it is hard to notice it.
The difference between United States
and China is, in US, capitalism dictates
government policies making and in China,
government is in control. Second, Chinese
government see stock market as a tool to
raise money for industrial development.
On the contrary, in US, capitalism use it for
speculation and manipulation purposes.
@@JonySmith-bb4gx yes they are different but still the same principles that only few people benefit from their policies.
Both oligarch but in different ways.
@@GolDRoger-fx2fp who told u that ????
@@JonySmith-bb4gx i have eyes, why? You don't have eyes?🙄
@@GolDRoger-fx2fp then use your eyes . And prove it . Not that hard to do that since u have "eyes"
Hahaha these German lectures India to risk their tie with Russia but look at their hypocrisy 😂😂
How does one exit a market with 1.4 billion people and substantial buying power? Such decisions often rest in the hands of politicians, driven by the need for votes and political considerations within the governing board
China and Europe have traded for thousands of years and will continue to do so 1000 years in the future. This is just business as usual, as both want a better deal for themselves.
Germany can also leverage the Chinese influence to its advantage. There are many smart Germany there.
Ideologies favouring humanity simply have no ifs and buts at least what it is considered. However, duality and hippocracy has been in pragmatism under some camouflage by Europe and US to ensure their hegemonies and saturation of interests.
3:13
So YOU get to change countries through trade ?
How dare u
The 2 economies are tightly linked.
technical remark: the jump zoom cuts are annoying. stop playing hollywood and please focus on the news
instead of investing in countries that are democracies, developing countries like Brazil, they went to invest in China, they fed a dragon, the same thing the United States, the thought of taking advantage of cheap labor and high profits, you bet, you bet big and a lot wrong.
Now they have decided to invest in India, which is great, but they could have done this 30 years ago, but they are investing in India for the same reason as before, cheap labor.
An excellent work. Thanks a lot
China and Germany political systems are indeed different. China is a people's republic, government work for the people. Germany is a capitalist, its government work for the rich
Germany once tried to serve the people well, but on this road of exploration, the Germans made mistakes, so they completely rejected the direction of "work for the people".
Who will buy a lot of Germanys or France exports…?
Where will Europe get its cheap necessities?
Trade is a win win.
Germany have many factories in China producing good and affordable goods for sale in Asia at half the price from Europe.
I know, but once Chinese copies German tech, they will kick you out and buy back German factiories in China in 1/20 price. Then even steal German's global markets
Germany 🇩🇪 needs to de-risk from China, starting by banning Huawei and BYD.
🇺🇲👹👿😁✌️
China will than ban VW basf Mercedes etc in retaliation
Can Germany de risk from USA ?
China’s political system is different from West or multiparty system. It doesn’t mean China is Autocracy. This is too much of western thinking. They have actually Meritocracy. No one can go up without performance of public sevice thru party lane.