@@ryanwalters6184 Not anymore, thatz why US's Janet Yellen visited China and not the other way around. Yellen didn't even get to meet Xi while Russia's Lavrov and Germany's Olaf did.
@@ftd7435 It's pointless to negotiate with Biden adminstration which had never stop defaming, demonising, derisking, decoupling, deinvesting, dividing and inciting war against China.
@@thegreatdane3627 has gas price gone down to where it was when Nord Stream was running? last time i heard companies still say the cost is not cheap enough for them like before
yes, with 33 trillions of government debt and 100+ Trillions of public debt growning many Trillions each year. The whole US economy is a one big ponzi scheme that could collapse at any given moment.
Ok. It isn't weak but it's still in recession. That's the bottom line. And Germanys future is in doubt as it has shutdown all it's nuclear power plants, and usa has blown up it's Nordstream 2 pipeline and also now banned itself from Russian oil. Germany is no longer competitive as a result. It's energy costs is twice as much as Frances. This has pushed even German companies to leave Germany and open more factories in China. Is this China's fault or Germanys? Should china be punished? Or did Germany do it to themselves and made themselves uncompetitive? And don't talk about subsidizes. Germany and USA and everyone does subsidies and does massive protectionism. Just see usas chip band and massive subsidies worth tens of billions of dollars to lure companies like TSMC to open new factories in USA. Not just subsidies, but they even made laws and did extortionism to force countries like Japan, SK, Netherlands and Taiwan(ROC) to stop selling chips to China.
@@LeLe-bo7cs The EU/OECD forecast shows that the German economy contracted by 0.3% last year and is expected to grow by 0.3% this year, resulting in a 0% growth rate for the period of 2023-2024. This is one of the lowest performances among EU and G7 countries.
De-risking means you don’t rely only on the US. You have to stay balanced between US and China in your approach. Or else you’ll become Ukraine real quick. 😂
Hey bot, even though your example is nonsensical. You know couples irl take momentary brakes right? Ever heard of the expression "distance makes the heart grow fonder"?
De-risk means frog in the slow cook soup. De-couple means lost business in China but may survive if doing carefully. But obviously those German business men too scare to de-couple.
Why are all the big German companies going to China this time? Including Benz, BMW, proving that they really want China, a country with a huge market, with a population of 1.4 billion people, if every person in China buys one German product, that's 1.4 billion German products. Obviously these entrepreneurs know the importance of China.
yes except that is NOT what happens. The Chinese people cannot afford German products, even when they're made in China. Furthermore, the Chinese government provides subsidies to Chinese companies so that they can undercut German companies. The net result is that Germany has a 60 billion euro annual trade deficit with China.
Well the Chinese are not buying anything ;) There's no safety net which is hurting internal consumption a lot to the frustation of Chairman Winnie The Poo.
Do not overestimate the chances for western tech companies in China. Western wine, western chosmetics ok but not technology will hit 1.4 billion people. Totally false assumption.
@@Mariobrownio1989You mean AMERICAN imperialism? Because it is american imperialism that is breaking the world. Perpetuating and perpetrating war everywhere. Supporting genocide, double standard o the application of international law. Allies can break and does should in-kind of policy!
@@kenbehrens5778 You seem to have forgotten about Tibet, which he may not have initiated but continues to occupy and his ever present threat to Taiwan seems likely to be carried out at some stage. Not to mention his takeover of the entire South China Sea by creating false new islands and placing military bases on them, with the concomitant threat to Vietnam and the Philippines. He is far from peace-loving.
@@kenbehrens5778 Yup. No rampant industrial espionage / IP theft, no coercion of smaller states, no mass censorship, no imprisonment of dissenting citizens, no attempting to claim an entire sea, no MASSIVE subsidization of strategic industries. The CCP loves win-win cooperation; you win a little now, and the CCP wins everything later. Unfortunately, Xi tipped his hand far too early. Even the Germans know this, they just can't afford to sever their ties. Foolish German car companies poured billions into China as other major companies were leaving. Either way, Germany will end up a former shadow of itself.
Before the US directive, China had been Germany's largest trading partner for seven consecutive years, until the US forced the West to decouple from China in 2023. In addition, many Chinese companies exporting to Germany are also cooperating with German companies in China.
@@Vikingpoints dont u get a big rebate when u buy a tesla in the USA....they r also doing it big time in semiconductors...what is the chips act? not to mention numerous bailouts since 2008... what u really mean to say is if usa or europe does it is fine...but not so for china since they r evil...which team r u on anyways? if u just admit the truth u will worthy of more respect than become a complete hypocrite
No, de-risking from China means you do not expand investments, reduce tech exports and concentrate on markets with similar judicial systems. China exploits western co's.
Politics and business are two different things. If Germany cannot offer their investors the right environment for manufacturing and business, they will look elsewhere. Dont blame China for being that greener pasture.
@@kamsunleong6648 german enjoy 20ys top seller car in china. now they start to fail because they ignore EV evolution until now which make it very hard for them to catch up you need to learn history
It did, at least for some in Germany. The lesson is that US is an unreliable partner which will sacrifice(sabotage) Germany’s interests for its own gain.
I worked in the battery business in China for many years and our company used to be one of the key players in the market here. We did not receive direct government supports, except some small R&D investment refunding.
China has the largest market with the most advance supply chains & manufacturing process framework, low energy cost, plus robust logistic. If Germany companies don’t want all these, what and where exactly these companies are looking for.
It's funny watching they talk about de-risking. The man reluctantly admit: Germany is not de-risking at all. That's because Germany is not USA. The USA wants to de-risk because China competes with them for the world dominance, while Germany is still under USA occupation. Germany has zero interest in this fight.
De-risking is the economic equivalent of what we tried with the proxy war in the military sense: Try to influence something at our own expense on an evolution we can't control anyway and that in many ways we created ourselves.
Security and trade are not separate issues. China supplies Russia with 90% of its microchips, which Russia uses to attack Ukraine. China also keeps the Russian economy afloat with oil sales. Germany is being short-sighted and greedy again.
NATO should never have expanded eastward. Then there would have had war in the first place. Ukraine could have even kept Crimea, had Yanukovych not been overthrown by a CIA instigated coupe. Too bad history can't be reversed.
@stephenhill - While the US starts by far the largest number of wars & government overthrows over the last 70 years around the world but you don't have a problem doing business with the US, do you?
The German government is taking the right approach - talk tough but act in a way that maximises Germany’s interests. Why put all your bets on Uncle Sam? Make both China and US fight for your support. Germany is stronger than it thinks. Both China and US are trying to court Germany.
China has the best supply chain, production capacity and demand market for automakers, especially for EVs. In terms of subsidizing the industries, there is very limited room for EU to make an argument, mostly because the US and EU are also doing it (IRA for example), and the China's subsidy is non-discriminate (Tesla and Volkswagen receive benefits as well).
That’s how the German and all the other western countries make money. They love the cheap and excellent production in China but mark up their prices to benefit their companies
China has a stable social environment, first-class infrastructure, cheap supply chain, and highly educated employees. Which country in the world has such conditions!
That's why as a Chinese I don't believe in Western style democracy any more. You spent way too much efforts on"who should solve problems" rather than "how to solve problems". All those elections took too much time and attentions of politicians and leaders, they have to think how to get elected rather than how to run the country. Also the decisions they made have to compemize to the opposite side which actually prevent them from making best decisions.
China give subsidies for Electric car in China for Tex include Tesla, But when china company ask subsidies Semiconductor plan in USA, USA do not give subsidies for special only china.
Technologically and Economically, China is now Number 1. China has already decoupled all economies. big German companies keep increasing investment in China. And these DW guys talking Ukraine Wars. Are they smarter than the CEOs? The US companies are in China, the US is begging for Chinese help. What is the EU doing?
Germany has sold its best technology and will eventually need to go through the same process the US is currently going through or the citizens will continue to cause trouble for the government.
I never heard of China subsidizing consumers except for EV cars which nearly all countries do. You are making things up! You may include building of infrastructure as subsidies but that would be very controversial.
He completely does not answer the question why Volkswagen is not there. And she completely is happy to go to the next question. So, why even bring up the question.
Chinas success is based on 1 thing. 1 thing alone: The lowest wages in the world. Giving the people the least income in the world. The people simply can not consume anything. Also the population implodes very fast. They are not 1,4 billions any more. There is no 1.4 billion market with money to spend.
It will be the silliest thing to do, by not doing business with China , who is the world largest economy in term of purchasing power parity. The correct strategy is to maintain good working relations with all powers and regions, without solely relying on one country.
*Are you serious? Who cares what Germany says, look at what they do! Going there says all you need to know!* Europe needs to stop the stupidity that you have to choose side, that's what America wants! *Choose whoever you want to work with. IMO, Germany has GREAT value for China & both can thrive!* BTW, NATO isn't there to protect Europe, it's to protect America! If war broke out, it's Europe that loses, we're safe :)
when China is becoming too strong, please watch ourselves in mirror and asking how we can get better instead complaining about China’s policy… Chinese are far more intelligent and hard-working than us, they working almost 7 days a week. And they have the largest number of young high quality engineers, their government has consistent and smart strategy to drive the continuous economic development.China never shows interest to interfere other countries internal matters and they are focusing only on how to get their own people to live a better life. What has our country leader been doing? as far as the subsidiary, which country doesn’t have subsidiaries? In US, if you buy EV, you get $7500 incentive from government. Isn’t that subsidiary? The overcapacity, unfair subsidiary is a shameful excuse to cover the incompetence and underperformance…
China is the Place to be. To be in China or not to be in China. Last night a German CEO stated. We Trade with China, whatever the Government says.❤ Support Germany China.❤❤❤
German firms have learned nothing from their business experience in Russia. Authorritarian non transparent markets are extremely risky no matter how big they are.
All this time i was of the belief that china had huge subsidies for their industries. It’s just 2% of GDP?!! that’s same as nato target from member states 😂😂
To be honest, any country's media supposedly to work for that country's own highest national interest: large quality high-end paid jobs is certainly among them. After losing Russian lost cost energy, which is ONE major driving force of German industrial power, which country can provide biggest market for German, no doubt, China. even after China EV success, VW, for example, still sells more ~50% of its cars in China. so tell me, what German should do?! losing Chinese market so that German continues losing its industrial power, and losing high-end jobs in German?! it is sad that such an obvious reason was intentionally missed in this report. Does DW really serves German, the country?! or DW owned by USA?! if China is possibly a geopolitical threat to USA, is China a geopolitical threat to USA or Europe?!
😆Grow a spine , learn from Malaysia. "We will not pick a quarrel with China for U$." ‘We do not have a problem with China’: Malaysian Prime Minister Anwar Ibrahim. Malaysian Prime Minister Anwar Ibrahim says if Western countries have problems with China "they should not impose it upon us". Mr Ibrahim insisted that Malaysia can be friends with both China and the West. "We are an independent nation, we are fiercely independent, we do not want to be dictated by any force," Mr Ibrahim said. "So it remains to be an important friend to the US and Europe and here in Australia. They should not preclude us from being friendly to one of our important neighbours, precisely China. "If they have problems with China, they should not impose it upon us.
They will be happy, until Chi wakes up and decides to nationalize all the German investments. That just happened in Russia, these companies have a very bad memory...
EU cannot afford to isolate China! US is actually a direct competitor to EU. All the growth in this century will be Asia, it isn't possible or logical to exclude the world's largest market.
china is buying roughly the same amount of goods from Germany as countries like Poland and Italy. Even a smaller country like the Netherlands is buying 20% more than China.
That's a naive view of industry & economics. In the 1980s 10s of thousands of companies were lining up to gain approval to invest in China. Benz, BMW, VW, BASF, Siemens have assembly plants in various provinces. So have GM & Ford. Tesla set up a gigafactory in Shanghai & is looking into additional investment. To date Tesla has sold 1.7 mil vehicles to Chinese customers. The World Bank estimated a middle-class of 500mil & growing. How would an industrialist possibly not do business in China?
The real problem is Chinese R&D people is general working 9-12 every day, 6-7 days a week, in order not to be fired in weak economy, free of OT money. The days of subsidies are already gone.
If Germany were to decouple with the Chinese economy, Germany will quickly be de-industrialise and Germans will need to work in Romania as a bricklayer and car washer at 6 bucks and hour, that is if he's lucky 😊
Germany has always had a trade deficit with China, Germany buys a lot of things from China, while China does not buy much from Germany, last year Germany had a trade deficit of 59 billion dollars with China
Germany needs to find out the reason and improve themself on their products. There are many options and choices every countries have. Not everyone in the world can afford Germany fancy & pricy products. Right now Germany industries are suffering significantly because the rise of production cost due to sky rocketing oil & gas prices.
They love and at the same time complain about the Chinese because the former is uncompetitive while the latter is so competitive to conquer market share! 😅
% of the cars produced are exported.
Germany: 75%
South Korea: 70%
Japan: 50%
China: 15%
U$ : China has overcapacity.😅
Our market our rules
Cry more
@@ryanwalters6184 Not anymore, thatz why US's Janet Yellen visited China and not the other way around. Yellen didn't even get to meet Xi while Russia's Lavrov and Germany's Olaf did.
@@ryanwalters6184Haha silly Americans.
@@ftd7435
It's pointless to negotiate with Biden adminstration which had never stop defaming, demonising, derisking, decoupling, deinvesting, dividing and inciting war against China.
Nice! This account is not banned for now?
:) it will be soon, wumao.
German political and business leader are living in a paralled world
Of course they lost it's identity long time agoo..
@@MaybeNot-en6ql They r living in the real world. If not for business, you guys wouldn't have ur made-in-China keyboard to be a keyboard warrior.
@FC-vp9ej spot on, these pathetic woke people simply just know how to Talk Cheap...
@@FC-vp9ej damn go easy on em
@@FC-vp9ejnice one lol
Back to the same question: Who blew up the Nord Stream???
nobody cares.
@@thegreatdane3627 "nobody cares" . lol. the EU is having energy crises because of it
@@ShakibBaig1 why would i care? The pipeline belongs to russia, it is their problem.
@@hermes4239 the energy crisis was back in 2022. There is no crisis anymore. Try to keep up.
@@thegreatdane3627 has gas price gone down to where it was when Nord Stream was running? last time i heard companies still say the cost is not cheap enough for them like before
Germany is derisking from the USA
yes, with 33 trillions of government debt and 100+ Trillions of public debt growning many Trillions each year. The whole US economy is a one big ponzi scheme that could collapse at any given moment.
Ideology can't fill up your stomach. When your economies are weak, you don't have many options left on the table.
germanys economie isn't weak.
@@LeLe-bo7cs Ask any normal german what he pays for groceries or heating.
Ok. It isn't weak but it's still in recession. That's the bottom line.
And Germanys future is in doubt as it has shutdown all it's nuclear power plants, and usa has blown up it's Nordstream 2 pipeline and also now banned itself from Russian oil. Germany is no longer competitive as a result. It's energy costs is twice as much as Frances. This has pushed even German companies to leave Germany and open more factories in China.
Is this China's fault or Germanys? Should china be punished? Or did Germany do it to themselves and made themselves uncompetitive?
And don't talk about subsidizes. Germany and USA and everyone does subsidies and does massive protectionism. Just see usas chip band and massive subsidies worth tens of billions of dollars to lure companies like TSMC to open new factories in USA. Not just subsidies, but they even made laws and did extortionism to force countries like Japan, SK, Netherlands and Taiwan(ROC) to stop selling chips to China.
@@LeLe-bo7cs The EU/OECD forecast shows that the German economy contracted by 0.3% last year and is expected to grow by 0.3% this year, resulting in a 0% growth rate for the period of 2023-2024. This is one of the lowest performances among EU and G7 countries.
@@LeLe-bo7csis not weak right now but if you’re waiting fire the decline you’re already finished..
Germany had to take the initiative right now!
De-risking means you don’t rely only on the US. You have to stay balanced between US and China in your approach. Or else you’ll become Ukraine real quick. 😂
China does not understand win-win relationships.
Securing the energy independence is very important to any nation that wants to remain advanced in the technology and development.
so true 😂😂😂
Exactly
Spoken like a true European ally.
tell ur wife/GF you want de-risk but not de-couple
see the result
Hey bot, even though your example is nonsensical. You know couples irl take momentary brakes right? Ever heard of the expression "distance makes the heart grow fonder"?
@@Aaayyyeeee214 cheating with usa does that
De-risk means frog in the slow cook soup. De-couple means lost business in China but may survive if doing carefully. But obviously those German business men too scare to de-couple.
Tell your wife/gf you want to diversify but not decouple.
@@DilysRoger tell your husband and watch
Why are all the big German companies going to China this time? Including Benz, BMW,
proving that they really want China, a country with a huge market, with a population of 1.4 billion people, if every person in China buys one German product, that's 1.4 billion German products. Obviously these entrepreneurs know the importance of China.
yes except that is NOT what happens. The Chinese people cannot afford German products, even when they're made in China. Furthermore, the Chinese government provides subsidies to Chinese companies so that they can undercut German companies. The net result is that Germany has a 60 billion euro annual trade deficit with China.
Thats because most europe drive KIA nowadays
Well the Chinese are not buying anything ;) There's no safety net which is hurting internal consumption a lot to the frustation of Chairman Winnie The Poo.
Do not overestimate the chances for western tech companies in China. Western wine, western chosmetics ok but not technology will hit 1.4 billion people. Totally false assumption.
only 1/3 of the story. China also hold the raw materials and production lines. You won't even have products to sell without China.
Everything could lie but money not.
YOUR MOUTH SAYS NO BUT YOUR BODY SAYS YES LOOOOOL
嘴上说不要😂身体却很诚实
I agree with this old iron 👍
💀
US forces Germany to have no cheap and reliable 🇷🇺 Gas and now forces them to cut their trade with 🇨🇳.😂😂😂😂😂 The 🇺🇸 really wants to destroy Europe.😂😂😂😂
💯happy to see large German business leaders is able to see through the trap
The US doesn't need to destroy Europe, German and EU politicians are already doing that.
@@Mariobrownio1989You mean AMERICAN imperialism? Because it is american imperialism that is breaking the world. Perpetuating and perpetrating war everywhere. Supporting genocide, double standard o the application of international law. Allies can break and does should in-kind of policy!
Business people understand a lot more than the scholars and reporters...
Greed. The US learned. Less greed for now. I don’t think that of Germany.
We need a world that is collaborating, not fighting.
Yes you are right, but your comment is not supported because ppl's mind being consumed with hatred, thanks to media like DW (controlled by ***)
You might need it but you ain't gonna get it.
1st, not attacking your major trade partner.
@@kenbehrens5778 You seem to have forgotten about Tibet, which he may not have initiated but continues to occupy and his ever present threat to Taiwan seems likely to be carried out at some stage.
Not to mention his takeover of the entire South China Sea by creating false new islands and placing military bases on them, with the concomitant threat to Vietnam and the Philippines. He is far from peace-loving.
@@kenbehrens5778 Yup. No rampant industrial espionage / IP theft, no coercion of smaller states, no mass censorship, no imprisonment of dissenting citizens, no attempting to claim an entire sea, no MASSIVE subsidization of strategic industries. The CCP loves win-win cooperation; you win a little now, and the CCP wins everything later. Unfortunately, Xi tipped his hand far too early. Even the Germans know this, they just can't afford to sever their ties. Foolish German car companies poured billions into China as other major companies were leaving. Either way, Germany will end up a former shadow of itself.
The idea of de-risking is nonsense. There is no risk to de.
Isn’t Germany’s biggest risk the United States?
Sweden "UP-risk", to DUMP the inflation, and drop the un-neccesary food consumption to 0.
I think all the companies that had to sell their Russian assets for 1 Euro disagree.
50% of VW produce sold to China.
😂 How many able to sell to U$?
If they sold them for what they sell them to China (which is all they’re worth), probably lots…
The guest speaker probably knows the reason VW executives were not in the delegation and prefers not to discuss it; neither does DW.
German message to Xi: we hate sitting at the US table but we need you to get us off their menu.
When competition fails, subsidies are good excuses!
Military domination...."soft power".....
Before the US directive, China had been Germany's largest trading partner for seven consecutive years, until the US forced the West to decouple from China in 2023. In addition, many Chinese companies exporting to Germany are also cooperating with German companies in China.
U.S. is heavily subsidizing IC, EV and green energy as well.
No they are not. Not even close
@@Vikingpoints dont u get a big rebate when u buy a tesla in the USA....they r also doing it big time in semiconductors...what is the chips act? not to mention numerous bailouts since 2008... what u really mean to say is if usa or europe does it is fine...but not so for china since they r evil...which team r u on anyways? if u just admit the truth u will worthy of more respect than become a complete hypocrite
@@Vikingpoints yes we are
Some tax incentives for individuals is not that same as handing money to the actual companies. 2 completely different systems.
@@VikingpointsGoogle "CHIPS and Science Act", and "inflation reduction act"
Germany comes back begging, Italy next.
After Yellen, Blinken is going to China again... To beg.
Capitalist admitting that the Communist is doing Capitalism better than them... lol
Germany de-risking from China is death road for German companies and economy.
Germany was doing better before china joined WTO. Globalization has only benefited large corporations, not the average person in Germany.
No, de-risking from China means you do not expand investments, reduce tech exports and concentrate on markets with similar judicial systems. China exploits western co's.
Yeah right. People rather have made in Germany products
Its bad for China, since their access to Western technology will be diminished.
Politics and business are two different things. If Germany cannot offer their investors the right environment for manufacturing and business, they will look elsewhere. Dont blame China for being that greener pasture.
Yes, because Germany hasn't learned a thing with russia 🤷♂️.
They did. Not to depend entirely on US or Nato. German cars biggest export market is China as just one example.
@@kamsunleong6648 german enjoy 20ys top seller car in china. now they start to fail because they
ignore EV evolution until now which make it very hard for them to catch up
you need to learn history
@@kamsunleong6648lol yeah the US is the problem there. Nobody sees it that way except Russia and China
It did, at least for some in Germany. The lesson is that US is an unreliable partner which will sacrifice(sabotage) Germany’s interests for its own gain.
I worked in the battery business in China for many years and our company used to be one of the key players in the market here. We did not receive direct government supports, except some small R&D investment refunding.
I'd like to thank the Germans for letting Americans get their money out while we can. Very kind of you.
Europe economic engine at the making horrible choices as usual 😢😢
the only de-risk EU need, or let's just say de-couple, is US dollars.
Yeah that is why the dollar is used more in trade today and is the strongest currency in the world still.
US should keep dollar's value!but US print too much money.
@@徐梓皓-i7y is that why it is still outperforming every other currency in the world? Sure the US does this, but every other countries currency is worse.
@@VikingpointsUS is collapsing
@@daksans6764 lmao ok. In no way, shape, or form is that happening. By every single metric we are just fine. Quit talking nonsense.
De-risking with your customer is to work harder to prevent them from leaving you and lower your risk of losing revenue.
Derisk from the US firstly
German Technology Exports to China are not for local demands but for products produced for China export markets.
China has the largest market with the most advance supply chains & manufacturing process framework, low energy cost, plus robust logistic. If Germany companies don’t want all these, what and where exactly these companies are looking for.
Us will try to sabotage it just like nordstream.
Derisking 😂😂😂. Germany should think about the future and be independent from the US and should not blindly follow whatever US says.
The real de-risking would be distance from US
It's funny watching they talk about de-risking. The man reluctantly admit: Germany is not de-risking at all. That's because Germany is not USA. The USA wants to de-risk because China competes with them for the world dominance, while Germany is still under USA occupation. Germany has zero interest in this fight.
Why, DW guests usually look like desperate high school teachers who just lost their jobs?
If i was China i would tell them come back where you come from
I'd place my bets with German entrepreneurs than with its politicians.
If he is so afraid of the USA, what’s the point of speaking?
De-risking is the economic equivalent of what we tried with the proxy war in the military sense: Try to influence something at our own expense on an evolution we can't control anyway and that in many ways we created ourselves.
Security and trade are not separate issues. China supplies Russia with 90% of its microchips, which Russia uses to attack Ukraine. China also keeps the Russian economy afloat with oil sales. Germany is being short-sighted and greedy again.
China never blowed up the gas pipeline.who did that?
NATO should never have expanded eastward. Then there would have had war in the first place. Ukraine could have even kept Crimea, had Yanukovych not been overthrown by a CIA instigated coupe. Too bad history can't be reversed.
@stephenhill - While the US starts by far the largest number of wars & government overthrows over the last 70 years around the world but you don't have a problem doing business with the US, do you?
The German government is taking the right approach - talk tough but act in a way that maximises Germany’s interests. Why put all your bets on Uncle Sam? Make both China and US fight for your support. Germany is stronger than it thinks. Both China and US are trying to court Germany.
China, good job, only working with BRIKS,Hungary, Serbia, Slovakia......
China has the best supply chain, production capacity and demand market for automakers, especially for EVs. In terms of subsidizing the industries, there is very limited room for EU to make an argument, mostly because the US and EU are also doing it (IRA for example), and the China's subsidy is non-discriminate (Tesla and Volkswagen receive benefits as well).
European sells cars in China: Chinese love our cars.
Chinese sells cars in Europe: They cant do this.
De-risking is a slogan of the politicians. Investment is an action of the business world. Action speaks louder, even louder than DW.
German has to obey its master (U.S)
i tried yo find the brand from Germany but when i see through the label details, its always made in China
That’s how the German and all the other western countries make money. They love the cheap and excellent production in China but mark up their prices to benefit their companies
Does eu not subsides their industry, such airbus
ALDI is one of the best successful players in China in terms of grocery stores. My favorite one❤
That means more money for China to finance its military to its smaller neighboring countries.
China has a stable social environment, first-class infrastructure, cheap supply chain, and highly educated employees. Which country in the world has such conditions!
It's a dictatorship run by a dictator who has banned Winnie the Pooh.
And the production capacity to derail and destabilise other countries development.
Like Europe has done in African....
"Nice"?
German overcapacity products want to sell to Chinese?
De risking would really mean larger economic cooperation with China so as not to be under the boot of US dictates which damages European economies.
Like the economic co-operation with Russia worked out really well for Europe.
Yeah because literal Chinese dictators are better? Just stop with the foolishness
well said
@@VikingpointsEU is nothing more than US lapdog
Why is Germany electing dumb leaders? Again and again and again .....
Not elected. But selected by USA and Israel.
That's why as a Chinese I don't believe in Western style democracy any more. You spent way too much efforts on"who should solve problems" rather than "how to solve problems". All those elections took too much time and attentions of politicians and leaders, they have to think how to get elected rather than how to run the country. Also the decisions they made have to compemize to the opposite side which actually prevent them from making best decisions.
China give subsidies for Electric car in China for Tex include Tesla, But when china company ask subsidies Semiconductor plan in USA, USA do not give subsidies for special only china.
Technologically and Economically, China is now Number 1. China has already decoupled all economies.
big German companies keep increasing investment in China. And these DW guys talking Ukraine Wars. Are they smarter than the CEOs? The US companies are in China, the US is begging for Chinese help. What is the EU doing?
When interviewer asked that question about Germany is not really derisking from China, I found her so cute hitting the issue on its head
Ecosocialism is killing, so be smart and vote wise in the upcoming EU elections
Germany has sold its best technology and will eventually need to go through the same process the US is currently going through or the citizens will continue to cause trouble for the government.
I never heard of China subsidizing consumers except for EV cars which nearly all countries do. You are making things up! You may include building of infrastructure as subsidies but that would be very controversial.
He completely does not answer the question why Volkswagen is not there. And she completely is happy to go to the next question. So, why even bring up the question.
Why China? 1.4 billion market with money to spend, cheap pipe gas from Russia, cheap Russian oil, cheap Iran oil, cheap Venezuela oil .....
India
Chinas success is based on 1 thing. 1 thing alone: The lowest wages in the world. Giving the people the least income in the world. The people simply can not consume anything. Also the population implodes very fast. They are not 1,4 billions any more. There is no 1.4 billion market with money to spend.
@@Liboch Maybe India didn't treat foreign companies well. I don't know
@@Liboch India should be friend with China and then let China invest in the infra there. This will help India greatly and also solve China's problem
@@Liboch India have 1.4+ billion market but they do not have the money that the chinese have...
VW have been pressured to rethink their strategy with China ever since the halt of car being deliver at the US port.
It will be the silliest thing to do, by not doing business with China , who is the world largest economy in term of purchasing power parity. The correct strategy is to maintain good working relations with all powers and regions, without solely relying on one country.
German ideology and CCP practices match quite well, so carry on as usual while lecturing others about honesty.
*Are you serious? Who cares what Germany says, look at what they do! Going there says all you need to know!*
Europe needs to stop the stupidity that you have to choose side, that's what America wants!
*Choose whoever you want to work with. IMO, Germany has GREAT value for China & both can thrive!*
BTW, NATO isn't there to protect Europe, it's to protect America! If war broke out, it's Europe that loses, we're safe :)
Business that has to de-risk is fair trade. Business that takes risk has the possibility of making money.
China should abandon Germany.
when China is becoming too strong, please watch ourselves in mirror and asking how we can get better instead complaining about China’s policy… Chinese are far more intelligent and hard-working than us, they working almost 7 days a week. And they have the largest number of young high quality engineers, their government has consistent and smart strategy to drive the continuous economic development.China never shows interest to interfere other countries internal matters and they are focusing only on how to get their own people to live a better life. What has our country leader been doing? as far as the subsidiary, which country doesn’t have subsidiaries? In US, if you buy EV, you get $7500 incentive from government. Isn’t that subsidiary? The overcapacity, unfair subsidiary is a shameful excuse to cover the incompetence and underperformance…
Is the German Pension Funds invested in Xinaa safe?😂😅😂😅.Does it vsnished with Xinaas real estate market?
China is the Place to be. To be in China or not to be in China. Last night a German CEO stated. We Trade with China, whatever the Government says.❤ Support Germany China.❤❤❤
Those are the consequences of de-risking and de-coupling from Russia 😂
German firms have learned nothing from their business experience in Russia. Authorritarian non transparent markets are extremely risky no matter how big they are.
We have a words like subsidize fund aid grants support and so on but this word has its places 😅
All this time i was of the belief that china had huge subsidies for their industries. It’s just 2% of GDP?!!
that’s same as nato target from member states 😂😂
Too much of hypes
Wow, stopped drinking the 🇺🇸 Kool aid?😂😂😂
To be honest, any country's media supposedly to work for that country's own highest national interest: large quality high-end paid jobs is certainly among them.
After losing Russian lost cost energy, which is ONE major driving force of German industrial power, which country can provide biggest market for German, no doubt, China.
even after China EV success, VW, for example, still sells more ~50% of its cars in China.
so tell me, what German should do?! losing Chinese market so that German continues losing its industrial power, and losing high-end jobs in German?!
it is sad that such an obvious reason was intentionally missed in this report.
Does DW really serves German, the country?! or DW owned by USA?!
if China is possibly a geopolitical threat to USA, is China a geopolitical threat to USA or Europe?!
This guy clearly knows nothing about international trade or how subsidies work.
Germany once again making a huge mistake
.. of not listening to American daddy?
really? Yankee boy
Economic investigator Frank G Melbourne Australia is following this informative content cheers Frank
😆Grow a spine , learn from Malaysia.
"We will not pick a quarrel with China for U$."
‘We do not have a problem with China’: Malaysian Prime Minister Anwar Ibrahim.
Malaysian Prime Minister Anwar Ibrahim says if Western countries have problems with China "they should not impose it upon us".
Mr Ibrahim insisted that Malaysia can be friends with both China and the West.
"We are an independent nation, we are fiercely independent, we do not want to be dictated by any force," Mr Ibrahim said.
"So it remains to be an important friend to the US and Europe and here in Australia. They should not preclude us from being friendly to one of our important neighbours, precisely China.
"If they have problems with China, they should not impose it upon us.
The guy just know the word 'subsidy' throughout the interview.
Growing market? Chinese consumers do not have the same financial confidence as Germany has.
Germany is addicted to Chinese money. Period.
Even the 🇺🇸, they sent Janet Yellen to get on her knees and beg the Chinese to buy more US debt.😂😂😂
@@timmy-wj2hc yea ok pal. we just making stuff up now huh. smh
After Yellen, Blinken is going to China... To beg.
@@PlaYer-sn5or we don't beg we conquer
@@nueat6
Yes you beg China not to sell US bonds and buy some more. As the dedollarization progress speeding up, you will beg more often.
A perfect example of becoming addicted to drugs: they make you feel good in some ways but can't solve the underlying problems.
They will be happy, until Chi wakes up and decides to nationalize all the German investments. That just happened in Russia, these companies have a very bad memory...
Maybe Germany should try investing in Germany.
Radical idea, I know, especially when one is pushing a global agenda.
With the energy cost there? Firms are lining up at the exit.
Or at least in neighboring countries
You can find cheaper energy and working force in Europe.
@@markmd9 Ukraine?
But but US blown up the NS pipeline... No more cheap energy from Russia...
Macron isnt concern about french's economy, he rather wants Scholz to do this job for him.
Volkswagen already in partnership with Chinese companies in China….
Big German business can compete in China, but not the SME. So the big German firms continue to invest in China.
clever Olaf woke up after fooled again and again by that old man and his secretary.
EU cannot afford to isolate China! US is actually a direct competitor to EU. All the growth in this century will be Asia, it isn't possible or logical to exclude the world's largest market.
china is buying roughly the same amount of goods from Germany as countries like Poland and Italy. Even a smaller country like the Netherlands is buying 20% more than China.
Competition is healthy, deporting children isn't.
@@thegreatdane3627Germany needs China more than other way around
Germany made a huge mistake investing so much in the ccp
much better than being totally controlled by American
aww.. poor baby is sulking
That's a naive view of industry & economics. In the 1980s 10s of thousands of companies were lining up to gain approval to invest in China. Benz, BMW, VW, BASF, Siemens have assembly plants in various provinces. So have GM & Ford. Tesla set up a gigafactory in Shanghai & is looking into additional investment. To date Tesla has sold 1.7 mil vehicles to Chinese customers. The World Bank estimated a middle-class of 500mil & growing. How would an industrialist possibly not do business in China?
based on the intention and narrative, germany is definitely de-risking
The real problem is Chinese R&D people is general working 9-12 every day, 6-7 days a week, in order not to be fired in weak economy, free of OT money. The days of subsidies are already gone.
If Germany were to decouple with the Chinese economy, Germany will quickly be de-industrialise and Germans will need to work in Romania as a bricklayer and car washer at 6 bucks and hour, that is if he's lucky 😊
Olaf feels like the piper who led the lemmings off the cliff.. He has that look of deep failure
He has that look of prudence.👍
Money does not smell
Germany has always had a trade deficit with China,
Germany buys a lot of things from China, while China does not buy much from Germany,
last year Germany had a trade deficit of 59 billion dollars with China
Germany needs to find out the reason and improve themself on their products. There are many options and choices every countries have. Not everyone in the world can afford Germany fancy & pricy products.
Right now Germany industries are suffering significantly because the rise of production cost due to sky rocketing oil & gas prices.
FYI Volkswagen sold 3 000 000 cars in China in 2023, is this what you mean that China buys nothing from Germany ?
your car company make a lot of money in china for long time
How many German car built in China and sold in China? Use your brain if you have one😂
@@whatyousaid1375 and they pay their labor more, if we're being honest
They love and at the same time complain about the Chinese because the former is uncompetitive while the latter is so competitive to conquer market share! 😅