Why is Germany so torn between the U.S. and China? Germany exports three times as much to China as France and Italy combined. “Germany wants to do business with China, we want more market access, that’s our main priority.”
@TomFairless @shashamimi @bopanc
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@TomFairless @shashamimi @bopanc
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@TomFairless @shashamimi @bopanc Volkswagen is in a league of its own. Its CEO has praised China’s handling of the coronavirus, refers to China as his company’s “second home” and is pouring $2 billion into the country. “I can’t imagine Volkswagen without China.”
@TomFairless @shashamimi on.wsj.com/3fQFYDu
@TomFairless @shashamimi on.wsj.com/3fQFYDu
@TomFairless @shashamimi @bopanc In a rare distinction among Western countries, Germany has a mostly balanced trade relationship with China. Germany’s engineering giants supplied the factory equipment and infrastructure that made China the world’s top manufacturer
@TomFairless @shashamimi
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@TomFairless @shashamimi
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@TomFairless @shashamimi @bopanc Paging Beijing: "In private, many German executives…are running out of patience with China’s bureaucratic obstacles, forced technology transfers, subsidies and assorted protectionist barriers…Some are calling for Berlin to copy…Trump’s tough approach."
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