Interesting… She is out soon, though.
That won’t change the policy going forward because whoever replaces her will represent the same business interests she does. China is the only major growing economy, and EU economies are shrinking. They can’t afford not to work with China going forward.
I think this will be a similar geopolitical realignment to the one we saw after WW2 with US holding all the cards while all the other major economies were devastated.
Agreed. German car companies are making a huge percentage of their sales in China, and they dont want to lose that. And the car companies are very powerful politically. So China keeps them happy by doing business, and avoids direct confrontation. Really a great strategy.
Yeah, it’s amazing how capitalists have no choice but to pursue strategy that’s counter to their long term interest. It’s a version of prisoner’s dilemma for them. Unless all the companies agreed unanimously to pull out of China then no companies can afford to do so.
That won’t change the policy going forward because whoever replaces her will represent the same business interests she does.
Makes sense
You love to see it.
Wasn’t Germany one of the countries that backed the US on the XJ and HK situations? The blocs are there already. It’s just an imperialist bloc vs an anti-imperialist bloc.
It looks like there’s a break developing between US and Germany. Public opinion of US is at all time low, and my impression is that Germany realizes its positioned to become the top dog in EU right now. China is going to be an important trading partner for them in order to wean off their dependence on US. So, I expect them to make some preformative noises, but to direct policy towards increasing ties with China.
I’ll believe it when they start backing PRC in UN voting. I don’t trust them to do even that though as long as US troops are stationed in the country.
Them staying neutral is already a huge win to be honest. I doubt they’ll openly side with RPC against US in the foreseeable future, but not actively working to back US against RPC is something. I think the most important part here is that EU will end up having deeper economic ties with China now, and this will make the belt road that much more effective.
US strategy was to create a threat of a naval blockade against China and to be able to control their ability to ship goods that way. Belt road makes that strategy obsolete. This is precisely why we’re seeing US push for conflict in Kashmir and destabilize Xinxiang. The goal is to put a wrench into the belt road initiative. It doesn’t look like it’s working so far though.
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