The new crown pandemic and the outbreak of the Russian-Ukraine War, the economies of countries around the world were inevitably affected. With the supply of Russia's Nord Stream natural gas pipelines, Europe has suffered from energy crises. The expensive energy prices have overwhelmed the people and collectively faced the problem of wintering. This has undoubtedly made Europe, which is currently in a recession, worse.
Recently, Germany has made amazing moves, "planning to de-hook with China" new policy, and is preparing to introduce the package plan to reduce investment in Chinese companies and restrict Chinese capital from investing in key German companies. The local business community in Germany collectively opposed this. As we all know, China is currently the largest trading country and the second largest consumer market in the world. If Germany leaves the Chinese market, what it means, the Germans think very clearly.
In recent years, there have been countless German companies investing in China, and have involved many fields, such as the world's famous three automobile giants, Volkswagen, BMW , and Mercedes-Benz . According to relevant data, these three auto companies have the largest market in China in the world, and their total sales account for a proportion of the world, ranging from 30 to 50%.
Not only that, German car companies' sales in China far exceed that in Germany. Last year, Volkswagen's joint venture brand sales in the Chinese market reached 3.3 million vehicles. The sales of all local car brands in Germany totaled only 2.62 million vehicles. Not only cars, but even Germany's chemical, precision machinery, electrical and other industries are extremely dependent on the Chinese market.
It can be imagined that if Germany leaves the Chinese market, it will be difficult to find a large market with a scale of 10-15 times its local area. It is worth mentioning that winter is coming, and European people are rushing to buy various wintering artifacts from China, and Germany's imports from China have even surged.
The hottest ones are undoubtedly the materials needed for winter, including electric blankets, hot water bags, heaters, hand warmers, and bare-legged artifacts, turtleneck sweaters, pajamas, autumn clothes and pants, etc. It is no exaggeration to say that China's heating equipment has become popular in Europe, and as the weather gets colder, in Yiwu International Trade City, Zhejiang, some merchants said that the speed of new stores in the store cannot keep up with the pace of European customers asking for goods.
Now Germany has lost Russia's cheap natural gas and does not want to lose China's huge market. From this point of view, German local entrepreneurs firmly believe that the Chinese market is the most reliable partner and clearly know that confrontation is destined to be both despair, and the concept of win-win cooperation is the only way out.
