Germany suddenly heard rumors, preparing to "decouple" from China. Germany is considering taking a series of measures to reduce its attractiveness to its business to China to reduce its economic dependence on China. Former German Prime Minister Merkel years of hard work Maybe it fails.
For some time, under the hype and exaggeration of the so-called "decoupling" from China by Western countries led by the United States, Germany has also issued some arguments that encourage "decoupling" from China from time to time. Recently, such voices have emerged again. On September 8 local time, British media quoted two people familiar with the matter as saying that the German Ministry of Economic Affairs is considering taking a series of measures to reduce the attractiveness of doing business with China to reduce Germany's dependence on China. These measures may include reducing or even eliminating investment and export guarantees to China and no longer promoting trade fairs and management training in China. Loans from German national policy banks may be directed to projects in other Asian countries such as Indonesia to achieve trade diversification. At the same time, the German Ministry of Economic Affairs not only considers reviewing Chinese companies' investment in Germany, but also reviewing German companies' investment in China.
In addition, Deutsche Bank CEO Swin also urged German leaders to accelerate their "decoupling" from China. In West Vancouver's view, the Russian-Ukrainian conflict has forced the EU to speed up efforts to reduce its dependence on Russia's energy and raw materials imports, and the same thing is likely to happen between Europe and China. On the premise that he is not optimistic about the future direction of Sino-US relations, West Vancouver hopes that Germany can reduce its dependence on China as soon as possible to gain more initiative.
Not only that, in August this year, German Chancellor Scholz also called on German companies not to rely too much on China economically. Scholz claimed that reducing reliance on imports has become part of Germany's national strategy, and multiple partners should be relied on both supply chains and export issues, and "all eggs should be put in one basket." At the same time, Scholz emphasized that the pursuit of independence applies to all areas, including the field of raw materials. For example, Germany is working hard to find multiple suppliers worldwide for lithium, an important raw material for high-tech products. Although Scholz seems to be trying to avoid directly mentioning the word "China", German media believes that Scholz is calling on German companies to reduce their dependence on China.
It is worth mentioning that although Germany occasionally issues some arguments to encourage "decoupling" from China, there are also many voices calling for cooperation with China, warning of the disastrous consequences of "decoupling". For example, Volkswagen Group CEO Diss once clearly pointed out in an interview that Germany seriously underestimated the contribution China has brought to Germany's prosperity. Diss bluntly stated that strengthening dialogue with China is crucial to Germany's economic growth and employment. "If there is no business dealings with China, the inflation of German will further intensify." In addition, if the German government is determined to "decouple" from China, it will undoubtedly make Merkel's efforts fail. You should know that during his tenure, Merkel often visits China with large-scale corporate delegations, which not only witnesses China and Germany The prosperity of economic relations also made China Germany the largest trading partner. Last year, China-Germany trade volume exceeded 245 billion euros, greatly promoting the growth of the largest economy in Europe.
Regarding some of Germany's domestic arguments about "decoupling" with China, on September 9, Mao Ning, spokesperson of the Chinese Ministry of Foreign Affairs, said at a regular press conference that these measures will be based on Germany's own economic development and pragmatic cooperation with China and Germany. No benefit. No matter how the international situation changes, China's determination to adhere to the expansion of high-level opening up will not change, and its determination to share development opportunities with the world will not change, and it will promote economic globalization to develop in a more open, inclusive, inclusive, balanced and win-win direction. Determination will not change. I hope Germany can uphold a rational and pragmatic policy toward China, and inject positive energy into the high-level mutually beneficial cooperation between the two countries and the maintenance of an open world economy by expanding two-way opening up, instead of shooting itself in the foot.
