US-China trade war: Which side is Germany on? | To the Point
Germany and China are strengthening ties, but the German chancellor’s high level, and high-stakes visit to Beijing will be a diplomatic and economic challenge.
Both countries can’t seem to get a grip on their economic woes. China is trying to export masses of subsidized goods to Europe and America. But that creates new problems.
The US, and its Treasury Secretary Janet Yellen are already threatening further tariffs and a trade war. Meanwhile, Germany is trying a new China strategy, which oscillates between cooperation and isolation.
On To the Point we ask: US-China trade war: Which side is Germany on?
Chapters
1:40: Both Germany and China face demographic challenges.
02:30: China is actively developing crucial technologies.
03:40: Will the U.S. decouple or de-risk?
05:00: Can Germany compete with China in future technologies?
06:30: “If Germans want to keep up, they must invest significantly.”
07:30: Europe isn’t behaving as a global power.
09:30: Analyzing Germany’s “China Strategy.”
10:10: Large German companies are unlikely to withdraw from China.
12:20: China’s message to smaller Western companies: “We no longer need you.”
12:50: China is not a free market and has never been one.
13:20: China’s products are flooding the world.
15:30: Germany has no choice but to engage with both China and the USA.
16:40: Is fair trade with China possible?
18:50: Will Trump increase pressure on China?
19:30: The U.S. maintains substantial trade volumes with China.
20:30: De-risking hasn’t been fully implemented by Germany yet.
22:30: China is already decoupling.
23:30: De-globalization is already underway.
23:55: Germany will face significant challenges.
Credit to : DW News