(Deutsche Welle Chinese website) The Frankfurter Allgemeine Zeitung published a comment on the topic “Invest in China should be cautious.” The same is true for the economy.
“The Chinese authorities are stepping in: The Communist authorities may intend to split Alipay. This is the latest in a series of measures taken by the Chinese authorities to suppress the fast-growing technology industry. Private entrepreneurs like Jack Ma openly criticize and then disappear, like Alibaba. Companies have been punished by antitrust, and the entire online game industry has been threatened as drugs.”
“This sends a clear signal: in front of Xi Jinping, nothing and no one is safe. After the Chinese government asked companies to take the initiative to participate in charity, Alibaba Group, which has long become a key target of the authorities, announced that it would donate 13 billion yuan to charity. The euro, only the group’s board of directors knows how much of a voluntary component there is. In any case, investors are punishing the company in the stock market. However, it does not matter what the reason and the background caused the turmoil in the story: whether it is right The worry of growing government power is still the worry of market stability. The Chinese market is violently moving against the trend of reform.”
“Of course, China is far away from us, but this shock wave may soon spread to Europe. This is not only because some European investors have bought the corresponding stocks, they are also more likely to be further threatened. The scale of tens of billions For companies, their business foundations can be easily disrupted, and such shock waves will affect the global economy.”
The German “Business Daily” published by Düsseldorf published a guest commentary written by political strategist Josef Braml on the subject of “Germany Needs a New Foreign Policy”. The article believes that with the intensification of the US-China hegemony, Germany caught in the middle is becoming the most vulnerable economy in the world; therefore, Germany must make good use of its only remaining geo-economic influence within the EU framework, so as to be on the international stage. Extend your own interests more effectively.
“Faced with the Chinese technology giant Huawei, which intends to participate in the construction of 5G networks in European countries, European countries have not yet formed a unified position. The United States is particularly worried that Huawei equipment will facilitate Beijing to exert influence and conduct espionage operations in Europe. Germany can decide to use it. European equipment (such as Sweden’s Ericsson and Finland’s Nokia) to bridge the gaps within Europe and between Europe and the United States.”
“In order to avoid being involved in the Sino-U.S. hegemony, Europe should also strengthen its ability to make independent decisions. These decisions should be based on Europe’s own values and rules. This is because the business model of US Internet companies that currently dominate the global market also threatens Europe’s security and safety. Prosperity and democratic standards. The EU market competition regulator should at least restrict the power of the US and Chinese technology giants in Europe.”
The author went on to point out that the autonomy of the technology industry is the key to Europe’s realization of national defense and political independence, and the EU must be able to control its own key infrastructure. “In the construction of network infrastructure in neighboring European countries, Europe should also jointly resist large and hungry companies from the United States and China. This is in the interests of the whole of Europe. In the context of increasingly fierce Sino-US geoeconomic battles, the seabed Who owns the optical cable and which route is used for data routing has become a power issue. For now, Europe is still at a disadvantage.”
The article believes that Europe urgently needs a strategic thinking oriented to common interests, otherwise it will be separated by other powerful countries such as China and the United States; only by formulating a comprehensive strategy can Europe truly exert its economic and political influence on the international stage. “If the European Union wants to be a global chess player, rather than a pawn of other powers, the new German government must spend more energy on European affairs, rather than stick to German domestic affairs.”
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