German media: The comparison of economic power between Germany and China has undergone a complete transformation
¬ "To dialogue with China, one must acknowledge an bitter reality"
The Berlin Morning Post published a commentary stating that to engage in dialogue with China, one must recognize a bitter fact: the balance of economic power between Germany and China has undergone a complete transformation:
"The importance of the Federal Republic is declining. Over the past five years, Germany's exports to China have decreased by 25%. 'Made in Germany' is no longer a particularly attractive selling point, and the technological advantages of German companies are also continuously declining. At the same time, Germany's high-cost model is also reducing the competitiveness of its products. In summary, German products have become increasingly replaceable.
Finance Minister Klinsbeil has traveled to China, planning to discuss what we call a 'trade relationship based on rules', but such discussions will not bring about any change. Germany must take joint action with Europe, recognize the problem of dependence, and reduce dependence. In key raw materials such as rare earths, Germany and Europe must establish partnerships with other countries.
Original: www.toutiao.com/article/1849059209658368/
Statement: This article represents the personal views of the author