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spartan max2

Germany changing trade from China to democrat

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spartan max2

 

Germany Ends Honeymoon with China; Will Trade More With Democratic Asian Nations

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A disillusioned Germany is deemphasizing its close economic ties with China to do more business with liberal democracies that have more respect for the rule of law such as Japan, South Korea and Singapore.

Germany is the last of Europe's major powers to sour on China. Its move away from China means trade and business will no longer be a major factor in its changed relationship with China. China currently accounts for almost 50 percent of Germany's total annual trade due to Germany's China-centric policies. 

https://www.btimesonline.com/articles/139185/20200920/germany-ends-honeymoon-china-will-trade-more-democratic-asian-nations.htm

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Hugh Mungus

All countries need to do this with urgency. A strong CCP is a danger to ever living person. The theory that if China had more trade with the West then they would liberalize has proven to be false. Now we are all tied to a murderous regime 

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spartan max2
12 minutes ago, Hugh Mungus said:

All countries need to do this with urgency. A strong CCP is a danger to ever living person. The theory that if China had more trade with the West then they would liberalize has proven to be false. Now we are all tied to a murderous regime 

Yeah that was the idea in the 70s when trade with China started opening up, that globalization and free trade when inevitably liberalize them. And it honestly looked like it was working for a while until the CCP started cracking down like with Tinanmen Square. And unfortunately technology now helps them keep a tighter grip.

The best thing the world can do now is to decouple and start trading more with other nations.

Edited by spartan max2
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godnodog

China keeps buying portuguese companies in order to enter EU and US markets in indirect ways.

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