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In the long term, Scholz’s China policy is fatal. The less deterrent his words are now, the more real action will have to follow later, in the form of punitive tariffs and trade embargoes. And the more China will react with retaliatory measures against German companies. For some German companies it will probably already be too late anyway.
This article comes from the WiWo newsletter Daily Punch. The newsletter delivers the daily commentary from the WiWo editorial team to your inbox. Always to the point, always with punch. Also in Punch: an overview of the five most important topics of the day. You can subscribe to the newsletter here.