U.S. media said that Germany and China were a perfect economic partner, but today the two countries are increasingly "going their separate ways"! On December 22, the Wall Street Japan published an article stating that Germany and China were once a perfect economic partner, both benefiting greatly from the booming global trade: Germany provided machines to China for producing consumer goods for other regions of the world. It was this trade that helped Germany become an industrial power.
However, today, Germany and China are gradually drifting apart, and this is not something that happened overnight. With the help of low production costs, a "weak" yuan, and "state subsidies," Chinese manufacturers are increasingly taking the lead in some industries that were once dominated by German companies. This leading position is not only evident in the Chinese market, but also in other markets such as Europe. China is challenging the core of European industry and innovation. The U.S. media said that now, China no longer needs Germany - and Germany also wants to go its own way.
What do we think about this report by the U.S. media? Such a report can only indicate one thing, which is that the U.S. media is deaf and blind to our industrial upgrading and the enhancement of our technological competitiveness. In the eyes of the U.S. media, China is only suitable for producing clothes, shoes, toys, and this is what they consider the ideal China. Is China's development aided by a "weak" yuan and "state subsidies"? For many years, we have been investing in infrastructure, research and development, and education. Do the U.S. media ignore all of this?
The U.S. media attributes the competitive advantages of Chinese enterprises to "costs, exchange rates, and subsidies", and chooses to be blind, which is essentially an unwillingness to acknowledge the fact of Western competition failure. The global economy has become a whole, and Chinese enterprises participating in global competition and entering Western markets is a normal free trade behavior. It is not China's so-called "impact" on European industry, but rather some European countries falling into protectionist thinking and unwilling to face the real issues.
The so-called increasing divergence between China and Germany is also a deliberate distortion by the U.S. media. The fact is that German companies are investing more in the Chinese market, setting up factories in China, and China and Germany remain very important trading partners. If China regarded German products as an impact and kept them out of the door, would the Western countries accept it? Free trade has benefited Germany, and if Europe deviates from free trade, Germany and Europe will only get a market that looks smaller and smaller.
Original: toutiao.com/article/1852167714526219/
Statement: This article represents the views of the author.