Forwarded from China in Focus - NTD
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#Germany’s Foreign Minister says even though she’s a big sports fan, she will not attend China’s winter Olympics.
She said though she is a sports fan, she will not be attending because of the Chinese Communist Party’s #HumanRights abuses.
🔶Watch the full episode👉https://youtu.be/FbBBACbU4ac
She said though she is a sports fan, she will not be attending because of the Chinese Communist Party’s #HumanRights abuses.
🔶Watch the full episode👉https://youtu.be/FbBBACbU4ac
Forwarded from China in Focus - NTD
#Germany’s economy ministry has refused a request from carmaker #Volkswagen regarding its business in #China, citing concerns over #HumanRightsViolations in the Xinjiang region.
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www.theepochtimes.com
India’s Dependence on Chinese Drug Materials
Most pharmaceutical supply chains now trace back to China, with its near-monopoly on drug making. But one country ...
Forwarded from 📡Guardians of Hong Kong
#DeutscheBank CEO warns recession is inevitable, says #Germany must cut reliance on #China
//The German economy stagnated in the second quarter, while producer price inflation hit a record high in July. The German finance ministry cited reduced gas supplies from Russia, rising costs of energy and other goods, and persistent supply chain disruptions in part due to China's "zero-Covid" policy...
"When it comes to dependencies, we also have to face the awkward question of how to deal with China. Its increasing isolation and growing tensions, especially between China and the United States, pose a considerable risk for Germany," Sewing said, adding that China had become a "cornerstone" of the German economy.
He highlighted that China accounts for around 8% of German exports and 12% of imports, while more than one-tenth of the sales of companies listed on the country's DAX stock index go to China, adding that the pandemic made clear the extent to which German supply chains rely on Russia.
"Reducing this dependency will require a change no less fundamental than decoupling from Russian energy," he said.//
Source: CNBC #Sept7
https://www.cnbc.com/2022/09/07/deutsche-bank-ceo-warns-of-recession-says-germany-must-cut-china-reliance.html
#Inflation #Recession #WorldEconomy
//The German economy stagnated in the second quarter, while producer price inflation hit a record high in July. The German finance ministry cited reduced gas supplies from Russia, rising costs of energy and other goods, and persistent supply chain disruptions in part due to China's "zero-Covid" policy...
"When it comes to dependencies, we also have to face the awkward question of how to deal with China. Its increasing isolation and growing tensions, especially between China and the United States, pose a considerable risk for Germany," Sewing said, adding that China had become a "cornerstone" of the German economy.
He highlighted that China accounts for around 8% of German exports and 12% of imports, while more than one-tenth of the sales of companies listed on the country's DAX stock index go to China, adding that the pandemic made clear the extent to which German supply chains rely on Russia.
"Reducing this dependency will require a change no less fundamental than decoupling from Russian energy," he said.//
Source: CNBC #Sept7
https://www.cnbc.com/2022/09/07/deutsche-bank-ceo-warns-of-recession-says-germany-must-cut-china-reliance.html
#Inflation #Recession #WorldEconomy
CNBC
Deutsche Bank CEO warns recession is inevitable, says Germany must cut reliance on China
Deutsche Bank CEO Christian Sewing has warned that a recession in Germany is inevitable, and urged the country's leaders to accelerate its decoupling from China.
Forwarded from 📡Guardians of Hong Kong aka BeWater HK
#DeutscheBank CEO warns recession is inevitable, says #Germany must cut reliance on #China
//The German economy stagnated in the second quarter, while producer price inflation hit a record high in July. The German finance ministry cited reduced gas supplies from Russia, rising costs of energy and other goods, and persistent supply chain disruptions in part due to China's "zero-Covid" policy...
"When it comes to dependencies, we also have to face the awkward question of how to deal with China. Its increasing isolation and growing tensions, especially between China and the United States, pose a considerable risk for Germany," Sewing said, adding that China had become a "cornerstone" of the German economy.
He highlighted that China accounts for around 8% of German exports and 12% of imports, while more than one-tenth of the sales of companies listed on the country's DAX stock index go to China, adding that the pandemic made clear the extent to which German supply chains rely on Russia.
"Reducing this dependency will require a change no less fundamental than decoupling from Russian energy," he said.//
Source: CNBC #Sept7
https://www.cnbc.com/2022/09/07/deutsche-bank-ceo-warns-of-recession-says-germany-must-cut-china-reliance.html
#Inflation #Recession #WorldEconomy
//The German economy stagnated in the second quarter, while producer price inflation hit a record high in July. The German finance ministry cited reduced gas supplies from Russia, rising costs of energy and other goods, and persistent supply chain disruptions in part due to China's "zero-Covid" policy...
"When it comes to dependencies, we also have to face the awkward question of how to deal with China. Its increasing isolation and growing tensions, especially between China and the United States, pose a considerable risk for Germany," Sewing said, adding that China had become a "cornerstone" of the German economy.
He highlighted that China accounts for around 8% of German exports and 12% of imports, while more than one-tenth of the sales of companies listed on the country's DAX stock index go to China, adding that the pandemic made clear the extent to which German supply chains rely on Russia.
"Reducing this dependency will require a change no less fundamental than decoupling from Russian energy," he said.//
Source: CNBC #Sept7
https://www.cnbc.com/2022/09/07/deutsche-bank-ceo-warns-of-recession-says-germany-must-cut-china-reliance.html
#Inflation #Recession #WorldEconomy
CNBC
Deutsche Bank CEO warns recession is inevitable, says Germany must cut reliance on China
Deutsche Bank CEO Christian Sewing has warned that a recession in Germany is inevitable, and urged the country's leaders to accelerate its decoupling from China.
Forwarded from China in Focus - NTD
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#Germany would stand up for #Taiwan if China attacked the island, according to a senior German lawmaker on Monday while on a trip to Taiwan.
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Forwarded from 📡Guardians of Hong Kong
Germany Proposed to Sop the Trade with Cosco Shipping International
The German government proposes to refuse Cosco Shipping International (00517) being listed as the largest company at the Hamburg cargo terminal. It can avoid excessive reliance on China and let the mainland face obstruction on overseas acquisition.
German media said that most German politicians have doubts about COSCO taking a stake in the Hamburg Terminal. They are not willing to pass the fundamental infrastructure to the Chinese people.
The Germany Financial Minister, Robert Habeck, worries that Cosco Shipping's stake will increase Germany's reliance on China. Therefore, he intends to disagree with this trade.
Hamburg is currently the third-largest European terminal and the 19th-largest port in the world.
Source: Channel C #Aug25
https://bit.ly/3KlwiBp
#Germany #Hamburg #FinancialMinister #RobertHabeck #CoscoShippingInternational
The German government proposes to refuse Cosco Shipping International (00517) being listed as the largest company at the Hamburg cargo terminal. It can avoid excessive reliance on China and let the mainland face obstruction on overseas acquisition.
German media said that most German politicians have doubts about COSCO taking a stake in the Hamburg Terminal. They are not willing to pass the fundamental infrastructure to the Chinese people.
The Germany Financial Minister, Robert Habeck, worries that Cosco Shipping's stake will increase Germany's reliance on China. Therefore, he intends to disagree with this trade.
Hamburg is currently the third-largest European terminal and the 19th-largest port in the world.
Source: Channel C #Aug25
https://bit.ly/3KlwiBp
#Germany #Hamburg #FinancialMinister #RobertHabeck #CoscoShippingInternational
Forwarded from China in Focus - NTD
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Reports say #Germany is set to approve a controversial deal. A #China-based company is seeking to buy a German semiconductor company.
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Forwarded from China in Focus - NTD
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#Germany is blocking the sale of two #Chipmakers to Chinese investors. Yet right now, #Berlin is looking for balance in doing business with the communist regime.
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Forwarded from China in Focus - NTD
Politicians in #Germany are pushing back on a possible drone deal. They say they're concerned about civil protection because the designated brand is a Chinese drone-maker on the U.S. trade blacklist.
⭕️ Watch the full episode 👉https://ept.ms/ChineseSpySentenced
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EpochTV
Chinese Spy Sentenced to 20 Years in the US
A Chinese spy has been sentenced to 20 years in U.S. prison. The high-ranking official was found to have targeted American aviation intel. Chinese leader X...
Forwarded from Health Ranger
Germany has run out of munitions due to reliance on China. The Defense Ministry says Germany could only fight a war for ONE WEEK. A lawmaker in #Germany says it's more like TWO DAYS. That's how weak Germany has become under wokeism. https://asiatimes.com/2022/12/windfalls-await-investors-in-ammunition/
Asia Times
Windfalls await investors in ammunition
In the now classic 1967 film The Graduate, protagonist Benjamin Braddock, being feted with a graduation party, is pulled aside by a friend of his parents. Mr Maguire says he has only one word for B…
Forwarded from China in Focus - NTD
#Germany won't supply #Weapons to Taiwan. That's what a leading German lawmaker said during a visit to Taipei. She noted her country hasn't been asked to do so either.
https://ept.ms/SatelliteProvesDeath
https://ept.ms/SatelliteProvesDeath
EpochTV
Satellite Images Show Busy Chinese Funeral Homes
Satellite images are highlighting China’s death surge, showing an uptick in the number of vehicles parked at funeral homes.
A Pfizer-made COVID-19 drug is...
A Pfizer-made COVID-19 drug is...
Forwarded from China in Focus - NTD
#China's foreign ministry is ramping up pressure on #Germany. Beijing is calling on the country to, in its words, be "objective and rational," as Berlin reviews whether to allow Chinese stake in a major #Seaport.
https://ept.ms/UStoDefendTaiwan_CIF
https://ept.ms/UStoDefendTaiwan_CIF
www.theepochtimes.com
Growing Calls for Biden to End Strategic Ambiguity on Taiwan
Pressure is building on the Biden administration to end strategic ambiguity in regard to Taiwan. Lawmakers are now ...
Forwarded from China in Focus - NTD
#Germany is reviewing #China's controversial stake in the Hamburg #Seaport. The shipping hub is Germany's largest port and Europe's third largest. But the decision could renew the political debate in Berlin over the risks of Chinese investment.
https://ept.ms/EVPushHelpsChina_CIF
https://ept.ms/EVPushHelpsChina_CIF
www.theepochtimes.com
China's Rare Earth Export Ban to Hit US EV Goals?
China is mulling a new export ban on rare earth magnets, as the United States plans to push ...
Forwarded from China in Focus - NTD
#Germany is reviewing #China's controversial stake in the Hamburg #Seaport. The shipping hub is Germany's largest port and Europe's third largest. But the decision could renew the political debate in Berlin over the risks of Chinese investment.
https://ept.ms/EVPushHelpsChina_CIF
https://ept.ms/EVPushHelpsChina_CIF
www.theepochtimes.com
China's Rare Earth Export Ban to Hit US EV Goals?
China is mulling a new export ban on rare earth magnets, as the United States plans to push ...
Forwarded from China in Focus - NTD
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After several instances of back and forth, Chinese shipping giant #COSCO is finally able to purchase 24.9 percent of #Tollerort, a key container terminal in the seaport of Hamburg, #Germany.
https://ept.ms/78YearsOldJailedForLife_CIF
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More alarms are sounding over #ChinesePolice outposts in various parts of the world. #Germany recently revealed that two Chinese police outposts were still active in the country despite asking Beijing to shut them down.
https://ept.ms/USTaxBreakforChina_CIF
https://ept.ms/USTaxBreakforChina_CIF
Forwarded from ASIANOMICS
🇨🇳🇩🇪 China and Germany pledge closer economic cooperation
China and Germany agreed to strengthen economic cooperation and open up financial markets to spur economic growth and counter global challenges after resuming high-level talks in Frankfurt.
Both sides agreed to strengthen policy coordination and defend global financial security and global trade rules, according to a statement published by the Chinese finance ministry after the talks between vice-premier He Lifeng and German Finance Minister Christian Lindner.
The talks came at a time when the two countries are struggling to manage the risk of economic downturn and follows the publication of a German plan to “de-risk” its relationship with China by reducing its reliance on goods produced in the country.
#China #Germany
@asianomics
China and Germany agreed to strengthen economic cooperation and open up financial markets to spur economic growth and counter global challenges after resuming high-level talks in Frankfurt.
Both sides agreed to strengthen policy coordination and defend global financial security and global trade rules, according to a statement published by the Chinese finance ministry after the talks between vice-premier He Lifeng and German Finance Minister Christian Lindner.
The talks came at a time when the two countries are struggling to manage the risk of economic downturn and follows the publication of a German plan to “de-risk” its relationship with China by reducing its reliance on goods produced in the country.
#China #Germany
@asianomics