Europe | German finance minister seeks better market access in China talks

If you look at OP's post history you'll see almost 2,000 posts in 5 months, and all of them fit into anti-European and anti-democratic, but pro-China propaganda.

Very often, bold headlines are not backed by the content as it is the case also here.

The reduction of Chinese overcapacity in sectors such as steel and electromobility are of great importance for the economy and jobs in Germany," Klingbeil said.

The very brief article also mentions that China's influence in the Ukraine war will also be a topic of discussion.

The article only briefly mentions that German foreign minister postpones China trip amid rising tensions just a couple of weeks ago.

"We are postponing the journey to a later time," the spokesperson told a regular news conference," [a spokesperson from Germany's government said]. Wadephul has struck an increasingly tough stance on China since he took office as foreign minister in May, highlighting Beijing's support for Russia's war in Ukraine, its "increasingly aggressive behaviour" in the Indo-Pacific region, and its export curbs on rare earths and semiconductors.

In doing so, he has gone further still than his predecessor Annalena Baerbock, who was already known for being outspoken, labelling Chinese President Xi Jinping a "dictator".

Mr. Wadephul has also maintained his support for Taiwan, stressing, for example, that Germany and Japan have common security interests in the Indo-Pacific region.

Of course, Germany and other Western states will attempt to get market access to China, although I personally feel this won't happen anytime soon. German and other Western carmarkers are already beginning to diversify their supply chains away from China amid heightened security risks and the threat of further economic constraints as demonstrated by the recent conundrum over Nexperia. And similar moves of Western companies turning their back on China in its value chains are visible in other sectors as reports (also here on Lemmy as I've read) and data shows.

China has been protecting its domestic market even more since Xi Jinping took power. A meaningful access to Chinese markets for non-Chinese companies are not realistic in the near future imho (but I'd be happy if history proves me wrong). I personally think that Mr. Klingbeil knows that, too, but as a government official it's absolutely fair that he is trying his best.

Comments

CosmoNova @lemmy.world 1d ago
You have to be a hopeless moron or simply be corrupt to claim the future for your country lies in China after everything that has happened since Xi took power. This coalition keeps digging us deeper into misery by the day.
- Goldholz @lemmy.blahaj.zone 1d ago
  Its the CDU so they are hopeless morons AND corrupt
Goldholz @lemmy.blahaj.zone 1d ago
FUCKING HELL NO!
Sepia @mander.xyz 1d ago
If you look at OP's post history you'll see almost 2,000 posts in 5 months, and all of them fit into anti-European and anti-democratic, but pro-China propaganda.
Very often, bold headlines are not backed by the content as it is the case also here.
The reduction of Chinese overcapacity in sectors such as steel and electromobility are of great importance for the economy and jobs in Germany," Klingbeil said.
The very brief article also mentions that China's influence in the Ukraine war will also be a topic of discussion.
The article only briefly mentions that German foreign minister postpones China trip amid rising tensions just a couple of weeks ago.
"We are postponing the journey to a later time," the spokesperson told a regular news conference," [a spokesperson from Germany's government said]. Wadephul has struck an increasingly tough stance on China since he took office as foreign minister in May, highlighting Beijing's support for Russia's war in Ukraine, its "increasingly aggressive behaviour" in the Indo-Pacific region, and its export curbs on rare earths and semiconductors.
In doing so, he has gone further still than his predecessor Annalena Baerbock, who was already known for being outspoken, labelling Chinese President Xi Jinping a "dictator".
Mr. Wadephul has also maintained his support for Taiwan, stressing, for example, that Germany and Japan have common security interests in the Indo-Pacific region.
Of course, Germany and other Western states will attempt to get market access to China, although I personally feel this won't happen anytime soon. German and other Western carmarkers are already beginning to diversify their supply chains away from China amid heightened security risks and the threat of further economic constraints as demonstrated by the recent conundrum over Nexperia. And similar moves of Western companies turning their back on China in its value chains are visible in other sectors as reports (also here on Lemmy as I've read) and data shows.
China has been protecting its domestic market even more since Xi Jinping took power. A meaningful access to Chinese markets for non-Chinese companies are not realistic in the near future imho (but I'd be happy if history proves me wrong). I personally think that Mr. Klingbeil knows that, too, but as a government official it's absolutely fair that he is trying his best.