German investment in China at record high despite economic tensions | DW Business

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DW News

DW News

Күн бұрын

The German government describes China as a "partner, systemic rival and competitor." But what does that actually mean in practice? As German Chancellor Olaf Scholz visits China accompanied by the bosses of some of his country’s most important companies, he faces a tough balancing act: acknowledging China’s importance as an economic partner while making the case for a more level playing field. DW Business speaks with Holger Görg, Director of the International Trade and Investment research center at the Kiel Institute for the World Economy about the complexities of the relationship.
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#germany #china #scholz

Пікірлер: 615
@nobleideas2838
@nobleideas2838 29 күн бұрын
Germany is derisking from the USA
@passby8070
@passby8070 11 күн бұрын
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.
@happymelon7129
@happymelon7129 Ай бұрын
% of the cars produced are exported. Germany: 75% South Korea: 70% Japan: 50% China: 15% U$ : China has overcapacity.😅
@ryanwalters6184
@ryanwalters6184 29 күн бұрын
Our market our rules Cry more
@ftd7435
@ftd7435 29 күн бұрын
@@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.
@matt3935
@matt3935 29 күн бұрын
​@@ryanwalters6184Haha silly Americans.
@TheKkpop1
@TheKkpop1 29 күн бұрын
​@@ftd7435 It's pointless to negotiate with Biden adminstration which had never stop defaming, demonising, derisking, decoupling, deinvesting, dividing and inciting war against China.
@vladnickul
@vladnickul 29 күн бұрын
Nice! This account is not banned for now? :) it will be soon, wumao.
@gerrardlee8879
@gerrardlee8879 Ай бұрын
Back to the same question: Who blew up the Nord Stream???
@thegreatdane3627
@thegreatdane3627 Ай бұрын
nobody cares.
@hermes4239
@hermes4239 Ай бұрын
@@thegreatdane3627 "nobody cares" . lol. the EU is having energy crises because of it
@thegreatdane3627
@thegreatdane3627 Ай бұрын
@@HinduGirl011 why would i care? The pipeline belongs to russia, it is their problem.
@thegreatdane3627
@thegreatdane3627 Ай бұрын
@@hermes4239 the energy crisis was back in 2022. There is no crisis anymore. Try to keep up.
@user-yi1qp1ch7s
@user-yi1qp1ch7s Ай бұрын
@@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
@mabo9636
@mabo9636 Ай бұрын
German political and business leader are living in a paralled world
@MaybeNot-en6ql
@MaybeNot-en6ql Ай бұрын
Of course they lost it's identity long time agoo..
@FC-vp9ej
@FC-vp9ej Ай бұрын
@@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.
@EasternKalogeros
@EasternKalogeros Ай бұрын
​@FC-vp9ej spot on, these pathetic woke people simply just know how to Talk Cheap...
@blaizel3748
@blaizel3748 Ай бұрын
@@FC-vp9ej damn go easy on em
@chdv5736
@chdv5736 Ай бұрын
@@FC-vp9ejnice one lol
@WSOJ3
@WSOJ3 Ай бұрын
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. 😂
@Djursnerable
@Djursnerable Ай бұрын
China does not understand win-win relationships.
@ajaykumarsingh702
@ajaykumarsingh702 29 күн бұрын
Securing the energy independence is very important to any nation that wants to remain advanced in the technology and development.
@jay-shakeli9761
@jay-shakeli9761 29 күн бұрын
so true 😂😂😂
@daksans6764
@daksans6764 26 күн бұрын
Exactly
@jamesbarbosa8714
@jamesbarbosa8714 25 күн бұрын
Spoken like a true European ally.
@winsonip4447
@winsonip4447 Ай бұрын
Ideology can't fill up your stomach. When your economies are weak, you don't have many options left on the table.
@LeLe-bo7cs
@LeLe-bo7cs Ай бұрын
germanys economie isn't weak.
@hongjian3714
@hongjian3714 Ай бұрын
@@LeLe-bo7cs Ask any normal german what he pays for groceries or heating.
@ex0duzz
@ex0duzz Ай бұрын
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.
@winsonip4447
@winsonip4447 Ай бұрын
@@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.
@NineDiamont
@NineDiamont Ай бұрын
@@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!
@kelvinzhang2108
@kelvinzhang2108 Ай бұрын
YOUR MOUTH SAYS NO BUT YOUR BODY SAYS YES LOOOOOL
@zeyufeng516
@zeyufeng516 Ай бұрын
嘴上说不要😂身体却很诚实
@eat.melon.qunzhong
@eat.melon.qunzhong 15 күн бұрын
I agree with this old iron 👍
@jogo798
@jogo798 6 күн бұрын
💀
@jimmyliu4614
@jimmyliu4614 Ай бұрын
We need a world that is collaborating, not fighting.
@zeissiez
@zeissiez Ай бұрын
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 ***)
@philiplindley7384
@philiplindley7384 29 күн бұрын
You might need it but you ain't gonna get it.
@jianyang6281
@jianyang6281 29 күн бұрын
1st, not attacking your major trade partner.
@philiplindley7384
@philiplindley7384 25 күн бұрын
@@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.
@jamesbarbosa8714
@jamesbarbosa8714 24 күн бұрын
@@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.
@michael511128
@michael511128 29 күн бұрын
German message to Xi: we hate sitting at the US table but we need you to get us off their menu.
@jetli740
@jetli740 Ай бұрын
tell ur wife/GF you want de-risk but not de-couple see the result
@Aaayyyeeee214
@Aaayyyeeee214 29 күн бұрын
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"?
@jacksmith-mu3ee
@jacksmith-mu3ee 29 күн бұрын
​@@Aaayyyeeee214 cheating with usa does that
@mattwu7884
@mattwu7884 28 күн бұрын
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.
@MichaelaKristen
@MichaelaKristen 24 күн бұрын
Tell your wife/gf you want to diversify but not decouple.
@jacksmith-mu3ee
@jacksmith-mu3ee 24 күн бұрын
@@MichaelaKristen tell your husband and watch
@Squirtle-xm6bi
@Squirtle-xm6bi Ай бұрын
Everything could lie but money not.
@HappyOx99
@HappyOx99 Ай бұрын
Business people understand a lot more than the scholars and reporters...
@maalat
@maalat 12 күн бұрын
Greed. The US learned. Less greed for now. I don’t think that of Germany.
@dinnerwaltz
@dinnerwaltz Ай бұрын
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.
@Do-not-be-sheep
@Do-not-be-sheep Ай бұрын
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.
@MaybeNot-en6ql
@MaybeNot-en6ql Ай бұрын
Thats because most europe drive KIA nowadays
@Djursnerable
@Djursnerable Ай бұрын
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.
@wernerustettler9731
@wernerustettler9731 Ай бұрын
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.
@stefenleung
@stefenleung Ай бұрын
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.
@timmy-wj2hc
@timmy-wj2hc Ай бұрын
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.😂😂😂😂
@Mariobrownio1989
@Mariobrownio1989 Ай бұрын
💯happy to see large German business leaders is able to see through the trap
@philiplindley7384
@philiplindley7384 29 күн бұрын
The US doesn't need to destroy Europe, German and EU politicians are already doing that.
@heartofsteel7821
@heartofsteel7821 29 күн бұрын
​@@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!
@happymelon7129
@happymelon7129 Ай бұрын
50% of VW produce sold to China. 😂 How many able to sell to U$?
@MikeOxlong-
@MikeOxlong- Ай бұрын
If they sold them for what they sell them to China (which is all they’re worth), probably lots…
@kenh4681
@kenh4681 25 күн бұрын
The guest speaker probably knows the reason VW executives were not in the delegation and prefers not to discuss it; neither does DW.
@waichui2988
@waichui2988 Ай бұрын
The idea of de-risking is nonsense. There is no risk to de.
@Aapig
@Aapig Ай бұрын
Isn’t Germany’s biggest risk the United States?
@user-mz3in7vo5b
@user-mz3in7vo5b 29 күн бұрын
Sweden "UP-risk", to DUMP the inflation, and drop the un-neccesary food consumption to 0.
@Cellpeg
@Cellpeg Ай бұрын
Germany comes back begging, Italy next.
@user-nw8zm2wu6o
@user-nw8zm2wu6o Ай бұрын
No without Europe US is weak.
@PlaYer-sn5or
@PlaYer-sn5or 29 күн бұрын
After Yellen, Blinken is going to China again... To beg.
@alexyeephengtan9386
@alexyeephengtan9386 Ай бұрын
When competition fails, subsidies are good excuses!
@user-mz3in7vo5b
@user-mz3in7vo5b 29 күн бұрын
Military domination...."soft power".....
@seanitoism
@seanitoism Ай бұрын
Yes, because Germany hasn't learned a thing with russia 🤷‍♂️.
@user-nw8zm2wu6o
@user-nw8zm2wu6o Ай бұрын
Russia is their ally. America is destroying their country
@kamsunleong6648
@kamsunleong6648 Ай бұрын
They did. Not to depend entirely on US or Nato. German cars biggest export market is China as just one example.
@jetli740
@jetli740 Ай бұрын
@@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
@Vikingpoints
@Vikingpoints Ай бұрын
@@kamsunleong6648lol yeah the US is the problem there. Nobody sees it that way except Russia and China
@biboli9986
@biboli9986 Ай бұрын
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.
@byttlejuice145
@byttlejuice145 Ай бұрын
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.
@warsongleafcull4731
@warsongleafcull4731 Ай бұрын
I'd like to thank the Germans for letting Americans get their money out while we can. Very kind of you.
@BslmUSA
@BslmUSA Ай бұрын
U.S. is heavily subsidizing IC, EV and green energy as well.
@Vikingpoints
@Vikingpoints Ай бұрын
No they are not. Not even close
@david50665
@david50665 29 күн бұрын
@@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
@jacksmith-mu3ee
@jacksmith-mu3ee 29 күн бұрын
​@@Vikingpoints yes we are
@Vikingpoints
@Vikingpoints 28 күн бұрын
Some tax incentives for individuals is not that same as handing money to the actual companies. 2 completely different systems.
@maun123a
@maun123a 28 күн бұрын
​@@VikingpointsGoogle "CHIPS and Science Act", and "inflation reduction act"
@user-om8gr2zq7k
@user-om8gr2zq7k Ай бұрын
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.
@julioduan7130
@julioduan7130 Ай бұрын
Germany de-risking from China is death road for German companies and economy.
@thegreatdane3627
@thegreatdane3627 Ай бұрын
Germany was doing better before china joined WTO. Globalization has only benefited large corporations, not the average person in Germany.
@wernerustettler9731
@wernerustettler9731 Ай бұрын
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.
@ryanwalters6184
@ryanwalters6184 29 күн бұрын
Yeah right. People rather have made in Germany products
@Melior_Traiano
@Melior_Traiano 29 күн бұрын
Its bad for China, since their access to Western technology will be diminished.
@pipilu3240
@pipilu3240 28 күн бұрын
Derisk from the US firstly
@Srbazo
@Srbazo Ай бұрын
If i was China i would tell them come back where you come from
@zcsensor9675
@zcsensor9675 29 күн бұрын
Why, DW guests usually look like desperate high school teachers who just lost their jobs?
@user-ze5zk7eu6j
@user-ze5zk7eu6j Ай бұрын
Europe economic engine at the making horrible choices as usual 😢😢
@mohlotf
@mohlotf Ай бұрын
Germany didn't learn the lesson, first it was Russia and now it's China
@user-iy7yt5uq9q
@user-iy7yt5uq9q Ай бұрын
No, first was USA.
@adios2011
@adios2011 Ай бұрын
You blind ? Deaf ? Or both ?
@TLB1450
@TLB1450 Ай бұрын
😂没有吸取教训的是美国,每次对中国的打压和封锁都会让中国更进一步😂
@adios2011
@adios2011 Ай бұрын
@@HinduGirl011 by our politicians and idiocy to further follow the US. And ?
@HASIB1313
@HASIB1313 Ай бұрын
@@HinduGirl011 not only from german. anyone living in germany have to pay this fee.
@garethl738
@garethl738 24 күн бұрын
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.
@stefenleung
@stefenleung Ай бұрын
the only de-risk EU need, or let's just say de-couple, is US dollars.
@Vikingpoints
@Vikingpoints Ай бұрын
Yeah that is why the dollar is used more in trade today and is the strongest currency in the world still.
@user-yr9bf4ph9w
@user-yr9bf4ph9w 27 күн бұрын
US should keep dollar's value!but US print too much money.
@Vikingpoints
@Vikingpoints 27 күн бұрын
@@user-yr9bf4ph9w 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.
@daksans6764
@daksans6764 26 күн бұрын
​@@VikingpointsUS is collapsing
@Vikingpoints
@Vikingpoints 26 күн бұрын
@@daksans6764 lmao ok. In no way, shape, or form is that happening. By every single metric we are just fine. Quit talking nonsense.
@catinbootsnow4267
@catinbootsnow4267 28 күн бұрын
De-risking with your customer is to work harder to prevent them from leaving you and lower your risk of losing revenue.
@hsutahsi
@hsutahsi Ай бұрын
i tried yo find the brand from Germany but when i see through the label details, its always made in China
@dliu115
@dliu115 Ай бұрын
Germany made a huge mistake investing so much in the ccp
@alanssshh
@alanssshh 29 күн бұрын
much better than being totally controlled by American
@user-zc1xc1yz2j
@user-zc1xc1yz2j 29 күн бұрын
You are jealous 😂
@japjungho4645
@japjungho4645 29 күн бұрын
aww.. poor baby is sulking
@mikewong6815
@mikewong6815 23 сағат бұрын
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?
@wernerustettler9731
@wernerustettler9731 Ай бұрын
German Technology Exports to China are not for local demands but for products produced for China export markets.
@whatyousaid1375
@whatyousaid1375 Ай бұрын
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.
@MRTY323
@MRTY323 28 күн бұрын
I'd place my bets with German entrepreneurs than with its politicians.
@stephenhill545
@stephenhill545 Ай бұрын
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.
@alanssshh
@alanssshh 29 күн бұрын
China never blowed up the gas pipeline.who did that?
@jay-shakeli9761
@jay-shakeli9761 29 күн бұрын
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.
@20luzer52
@20luzer52 26 күн бұрын
@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?
@zhiyucui8343
@zhiyucui8343 Ай бұрын
When interviewer asked that question about Germany is not really derisking from China, I found her so cute hitting the issue on its head
@ldon4002
@ldon4002 29 күн бұрын
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.
@marisabenson1222
@marisabenson1222 Ай бұрын
Germany once again making a huge mistake
@MMA-gb6to
@MMA-gb6to Ай бұрын
.. of not listening to American daddy?
@jych-db5iy
@jych-db5iy 28 күн бұрын
really? Yankee boy
@detectiveofmoneypolitics
@detectiveofmoneypolitics Ай бұрын
Economic investigator Frank G Melbourne Australia is following this informative content cheers Frank
@samuelross9884
@samuelross9884 Ай бұрын
Why is Germany electing dumb leaders? Again and again and again .....
@hpw-ws6bj
@hpw-ws6bj 27 күн бұрын
Not elected. But selected by USA and Israel.
@thermalstoragesystemfromtr9513
@thermalstoragesystemfromtr9513 26 күн бұрын
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.
@zdravkojasovic9397
@zdravkojasovic9397 28 күн бұрын
China, good job, only working with BRIKS,Hungary, Serbia, Slovakia......
@sportsonwheelss
@sportsonwheelss Ай бұрын
VW have been pressured to rethink their strategy with China ever since the halt of car being deliver at the US port.
@wynetsang
@wynetsang Ай бұрын
Business that has to de-risk is fair trade. Business that takes risk has the possibility of making money.
@DallasTaylor
@DallasTaylor Ай бұрын
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.
@MgWynn
@MgWynn 25 күн бұрын
Derisking 😂😂😂. Germany should think about the future and be independent from the US and should not blindly follow whatever US says.
@shanmugasundaramrajeswaran8737
@shanmugasundaramrajeswaran8737 29 күн бұрын
Is the German Pension Funds invested in Xinaa safe?😂😅😂😅.Does it vsnished with Xinaas real estate market?
@airrodgers1242
@airrodgers1242 Ай бұрын
Why China? 1.4 billion market with money to spend, cheap pipe gas from Russia, cheap Russian oil, cheap Iran oil, cheap Venezuela oil .....
@Liboch
@Liboch Ай бұрын
India
@hkonhelgesen
@hkonhelgesen Ай бұрын
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.
@fenglinai
@fenglinai Ай бұрын
@@Liboch Maybe India didn't treat foreign companies well. I don't know
@fenglinai
@fenglinai Ай бұрын
@@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
@airrodgers1242
@airrodgers1242 Ай бұрын
@@Liboch India have 1.4+ billion market but they do not have the money that the chinese have...
@dirgsuite5546
@dirgsuite5546 27 күн бұрын
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.
@1973lanyun
@1973lanyun Ай бұрын
China has a stable social environment, first-class infrastructure, cheap supply chain, and highly educated employees. Which country in the world has such conditions!
@stephenhill545
@stephenhill545 Ай бұрын
It's a dictatorship run by a dictator who has banned Winnie the Pooh.
@user-mz3in7vo5b
@user-mz3in7vo5b 29 күн бұрын
And the production capacity to derail and destabilise other countries development. Like Europe has done in African.... "Nice"?
@jizhang75
@jizhang75 26 күн бұрын
Does eu not subsides their industry, such airbus
@dirgsuite5546
@dirgsuite5546 27 күн бұрын
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.
@chengavitch10
@chengavitch10 28 күн бұрын
De-risking is a slogan of the politicians. Investment is an action of the business world. Action speaks louder, even louder than DW.
@peabase
@peabase Ай бұрын
Storm before the silence?
@kevinclasher3160
@kevinclasher3160 Ай бұрын
Volkswagen already in partnership with Chinese companies in China….
@ronnelechavez
@ronnelechavez 29 күн бұрын
That means more money for China to finance its military to its smaller neighboring countries.
@dinnerwaltz
@dinnerwaltz Ай бұрын
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
@whatyousaid1375
@whatyousaid1375 Ай бұрын
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.
@monatt2986
@monatt2986 Ай бұрын
FYI Volkswagen sold 3 000 000 cars in China in 2023, is this what you mean that China buys nothing from Germany ?
@mangcike
@mangcike Ай бұрын
your car company make a lot of money in china for long time
@raymondcyq
@raymondcyq Ай бұрын
How many German car built in China and sold in China? Use your brain if you have one😂
@icu17siberia
@icu17siberia Ай бұрын
@@whatyousaid1375 and they pay their labor more, if we're being honest
@yongchen8204
@yongchen8204 Ай бұрын
every nations deals with inflation pressure, china and japan are in the economical deflation yet both nations are surplus trading nation with record amount of extra hundreds of billions revenue. deflation is not such bad idea economically.
@user-mz3in7vo5b
@user-mz3in7vo5b 29 күн бұрын
Pressure, will be so large, that money is not enough for food.....spawning corruption, drug-trade and lots of other survival "innovations"...
@kastus77
@kastus77 29 күн бұрын
The real de-risking would be distance from US
@GloWinGlo
@GloWinGlo 29 күн бұрын
7:01 ❤
@tweedy4sg
@tweedy4sg 27 күн бұрын
The guy just know the word 'subsidy' throughout the interview.
@maalat
@maalat 12 күн бұрын
Growing market? Chinese consumers do not have the same financial confidence as Germany has.
@mimikrya8794
@mimikrya8794 29 күн бұрын
Those are the consequences of de-risking and de-coupling from Russia 😂
@user-ws7qf4ts5y
@user-ws7qf4ts5y 26 күн бұрын
Us will try to sabotage it just like nordstream.
@michael511128
@michael511128 29 күн бұрын
If he is so afraid of the USA, what’s the point of speaking?
@kevinliao3657
@kevinliao3657 Ай бұрын
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).
@DonHrvato
@DonHrvato 29 күн бұрын
Ecosocialism is killing, so be smart and vote wise in the upcoming EU elections
@ask_why000
@ask_why000 Ай бұрын
Maybe Germany should try investing in Germany. Radical idea, I know, especially when one is pushing a global agenda.
@zsarimaxim692
@zsarimaxim692 Ай бұрын
With the energy cost there? Firms are lining up at the exit.
@markmd9
@markmd9 Ай бұрын
Or at least in neighboring countries You can find cheaper energy and working force in Europe.
@zsarimaxim692
@zsarimaxim692 Ай бұрын
@@markmd9 Ukraine?
@PlaYer-sn5or
@PlaYer-sn5or 29 күн бұрын
But but US blown up the NS pipeline... No more cheap energy from Russia...
@Escape_The_Mundane
@Escape_The_Mundane Ай бұрын
What about an American going to china, North or South. I heard to create company in China you just need to hire 12 employees.
@jay-shakeli9761
@jay-shakeli9761 29 күн бұрын
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.
@anitacestari4949
@anitacestari4949 29 күн бұрын
Money does not smell
@celinajiang9272
@celinajiang9272 27 күн бұрын
ALDI is one of the best successful players in China in terms of grocery stores. My favorite one❤
@ensteffo
@ensteffo Ай бұрын
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.
@stephenhill545
@stephenhill545 Ай бұрын
Like the economic co-operation with Russia worked out really well for Europe.
@Vikingpoints
@Vikingpoints Ай бұрын
Yeah because literal Chinese dictators are better? Just stop with the foolishness
@alanssshh
@alanssshh 29 күн бұрын
well said
@daksans6764
@daksans6764 26 күн бұрын
​@@VikingpointsEU is nothing more than US lapdog
@alexlawcb
@alexlawcb 26 күн бұрын
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.
@ateksudianto6237
@ateksudianto6237 26 күн бұрын
German has to obey its master (U.S)
@tooltalk
@tooltalk 28 күн бұрын
This guy clearly knows nothing about international trade or how subsidies work.
@mma93067
@mma93067 Ай бұрын
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 😂😂
@Liboch
@Liboch Ай бұрын
Too much of hypes
@timmy-wj2hc
@timmy-wj2hc Ай бұрын
Wow, stopped drinking the 🇺🇸 Kool aid?😂😂😂
@wj82liz
@wj82liz 26 күн бұрын
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…
@Johntor8888
@Johntor8888 23 күн бұрын
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.
@user-ob4we4si1u
@user-ob4we4si1u 24 күн бұрын
We have a words like subsidize fund aid grants support and so on but this word has its places 😅
@jbond5834
@jbond5834 25 күн бұрын
a good question on 8:14 , which simplies points out some german entities benefits from china subsides, some not. Which is the same case in other countries. It is really a case which some german will have to eat. Question to german individual is, are u on the right side?
@Biswanath-lx4lb
@Biswanath-lx4lb 29 күн бұрын
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?
@petertiang71
@petertiang71 9 күн бұрын
Capitalist admitting that the Communist is doing Capitalism better than them... lol
@willeisinga2089
@willeisinga2089 26 күн бұрын
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.❤❤❤
@wenling3487
@wenling3487 26 күн бұрын
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?!
@mfg8129
@mfg8129 29 күн бұрын
German overcapacity products want to sell to Chinese?
@Mkay1808
@Mkay1808 29 күн бұрын
German ideology and CCP practices match quite well, so carry on as usual while lecturing others about honesty.
@nsebast
@nsebast 27 күн бұрын
European sells cars in China: Chinese love our cars. Chinese sells cars in Europe: They cant do this.
@jych-db5iy
@jych-db5iy 28 күн бұрын
clever Olaf woke up after fooled again and again by that old man and his secretary.
@kerrtsai1718
@kerrtsai1718 28 күн бұрын
A perfect example of becoming addicted to drugs: they make you feel good in some ways but can't solve the underlying problems.
@honahwikeepa2115
@honahwikeepa2115 Ай бұрын
China should abandon Germany.
@ongbookok9320
@ongbookok9320 28 күн бұрын
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.
@tofindtrek
@tofindtrek 28 күн бұрын
Mr.obama once said that if Chinese reach the living standard of US, it would be desaster for the world, what an upright and candid politician.
@paulmatters2641
@paulmatters2641 Ай бұрын
Where is Frau Baerbock? LOL
@nukiolbartes6279
@nukiolbartes6279 29 күн бұрын
based on the intention and narrative, germany is definitely de-risking
@siewkonsum7291
@siewkonsum7291 Ай бұрын
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! 😅
@danh_dang7912
@danh_dang7912 Ай бұрын
" trade war is good and easy to win " Remember this words ? After fail to win, another words " decoupling " appeared! 😂😂😂😂😂! After can't ! They invented " de-risking " !😂😂😂😂😂 now a new words appeared as "overproduction "😂😂😂😂😂
@alanssshh
@alanssshh 29 күн бұрын
LOL
@OliverNorth9729
@OliverNorth9729 Ай бұрын
I thought germany and china were friends. 😅
@user-gr7kz2ur5m
@user-gr7kz2ur5m 29 күн бұрын
Macron isnt concern about french's economy, he rather wants Scholz to do this job for him.
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