(Deutsche Welle Chinese website) Le Monde published a long commentary, analyzing the trend of the new German government’s China policy after it came to power. The article believes that Germany’s first female foreign minister and Green Party politician Bell Burke will respond to Beijing with an unprecedented tough attitude. The report entitled “Let the Bullets Fly for awhile” states:
“In October this year, on the eve of the end of the term of Chancellor Merkel, the Chinese party and state leader Xi Jinping gave the German Chancellor the title of’old friend of the Chinese people’ during a video call with Merkel. This also fully demonstrates this. , The German Chancellor’s important role in the Chinese perception of the world.
For the Germans, this title may sound a bit inexplicable, but for the Chinese Communist Party, it is indeed an extremely high honor. Like Merkel, those who were awarded this honor by the CCP are usually socialist revolutionaries and later dictators, such as Castro, Mugabe, and Chavez, and of course, former US President Nixon and Microsoft. Founder Bill Gates and others.
In October this year, Xi Jinping called Merkel an “old friend of the Chinese people” in a video call.
This title also shows how much German Chancellor Merkel has made for China. In the context of the rapid deterioration of Sino-US relations, Merkel is the cornerstone of (China-Germany) relations, because Beijing does not have to worry that the German Chancellor will openly criticize China on the international stage. However, with Merkel’s departure, how to redefine Germany-China relations has also been put on the agenda. In the upcoming red-yellow-green coalition government, two politicians will play a key role in China policy: the Prime Minister-elect Olaf Scholz and the Green Party member Bell Burke (Annalena Baerbock). “
On the South China Sea, Taiwan, Xinjiang, and Hong Kong issues, the new German government that will take office has made clear and tough statements in its joint governance agreements. Belle Burke does not even rule out the possibility of Germany boycotting the Beijing Winter Olympics. The article went on to read:
“Although the red-yellow-green government’s stance on China is much tougher than that of Merkel’s administration, so far, Beijing has always shown a dismissive attitude towards this ruling agreement. The CCP’s international propaganda mouthpiece “Global The Times published an editorial stating that the room for the reversal of German-Chinese relations is extremely limited. Apart from a few small noises, the new German government must be difficult to do more. The tone of this review is that there is no country in the world. If Germany dares to challenge the powerful China, it is even more important for Germany. If Germany really dares to head-on with China, then China only needs to let the bullet fly a little longer.”
The Guangdong Provincial Government, where the Chinese real estate giant Evergrande is located, said on Friday night that it would send a working group to help the company manage its risks at the request of Evergrande. Previously, Evergrande, which was heavily indebted, issued a warning that a huge debt default may occur. The “Business Daily” published on Monday wrote:
“At the end of 2020, after the Chinese government announced strict control over the lending process of high-debt industries, Evergrande was not the only real estate company in financial distress. The current turmoil in the Chinese real estate market has also caused more and more people to worry about Evergrande. It triggers a domino effect and hurts the international financial market. Given that China’s real estate industry accounts for a quarter to one-third of China’s total economy, market analysts have begun to lower their views on China’s economic growth this year. Estimated value.
This is indeed the case. In the past few months, the Chinese real estate market has faced increasing pressure. As a result, the relevant Chinese authorities and local governments had to moderately relax the borrowing regulations for home buyers and real estate developers.
Despite this, a survey released by market research firm Creditinsights showed that residential sales in China fell by 24% in October this year. The price of new homes has also fallen significantly. In October this year, the average house price of 70 cities in China fell by 0.25 from the previous month, which was the largest monthly decline in six years. “
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