WSJ: Why Germany Wants a Divorce with China

wsj.com

3 pointsalecco3 comments

"Some German manufacturers think once-symbiotic partnership has turned into abusive relationship and they want out"

IMHO: too little, too late.

Germany benefited a lot from China. It used to be that most cars in China were German brands, for instance.

I think Germany has overly thought itself "superior" so to speak: perhaps Germany thought that China was a market to exploit forever because German products were, obviously, superior and China was, obviously, not able to produce many or to compete.

It seems to me that this "symbiotic partnership" is an euphemism for knowing your place...

Germany has no more:

- Cheep energy

- Chinese market for cars

- Free umbrella from US

Welcome to the third world, Germany. Oh no, you are a socialist block yet. But how long can you afford socialism?

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