China No Longer Needs Germany
Germany spent decades building one of the most successful industrial economies in the world and then its politicians began dismantling the very foundations that made that possible. Reuters is now reporting that Germany’s trade deficit with China exploded to roughly €55 billion during the first half
Source: Armstrong Economics
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DW NOTE
Germany's trade deficit with China hit €55 billion in six months because German industry no longer makes what China needs — China makes it themselves now. Decades of offshoring manufacturing expertise and green energy self-sabotage left Germany selling premium cars to a country that leads the world in EV production. You cannot import your way to prosperity when you've taught your customer to stop being one.