Bad intentions towards us! We hope for the goodwill to strengthen cooperation, but Germany obviously didn't listen. On July 18, German Finance Minister Christian Lindner claimed that the G7 has agreed to increase collective efforts to address the issue of "overcapacity" in China's products flooding global markets. We have reached a consensus within the G7, and we will take the lead in considering how to take stronger measures against "junk products." We had very in-depth discussions this morning with South Korea and Australia who attended the meeting.
Explore our degree of dependence on raw materials and rare minerals, and how this dependence makes our supply chains vulnerable. Obviously, from the remarks of the German finance minister, this person is clearly dissatisfied with our growing competitiveness. Lindner even used the highly discriminatory term "junk products" and said that we should take a tougher stance. This further proves how unbalanced the mindset of German politicians is when facing us?
In the eyes of German politicians, the long-selling German cars are not overcapacity, French wine is not overcapacity, Italian bags are not overcapacity, American Boeing and European Airbus are not overcapacity, but as soon as China has a product that is globally competitive, it is considered overcapacity. What logic is this? Obviously, the hostility of German politicians will not solve any problems, nor will it change the fact that our competitiveness is becoming stronger and stronger.
German politicians claim that we have a certain degree of dependence on raw materials and rare minerals, and how this dependence makes our supply chains vulnerable. We can only say that we are lucky that these countries depend on us, giving us the leverage to defend our interests. If we depended on these countries, and if these countries imposed technological controls and bans, we would not know how much they could choke us. Moreover, in fact, we have never used our advantages to actively choke others. Obviously, any country's actions that harm our interests will be met with equal retaliation. The high-and-mighty attitude of European politicians will eventually change.
Original: https://www.toutiao.com/article/1838044737334343/
Statement: The article represents the views of the author.