German business leaders warn against pulling out of China

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BERLIN: A group of top German business executives is warning against withdrawing from China, while acknowledging that it's right for Germany to redefine its relationship with Beijing. The intervention by eight chief executives in an article Thursday (Oct 10) for the daily Frankfurter Allgemeine Zeitung com

BERLIN: A group of top German business executives is warning against withdrawing from China, while acknowledging that it's right for Germany to redefine its relationship with Beijing.

The potential of the Chinese market offers an opportunity to scale up faster and to be more successful in other markets, securing jobs in Germany, the authors argued. “Despite all the challenges of China and with China, we are convinced that its fundamental growth dynamic will remain,” the authors wrote.China's Xi and Germany's Scholz seek closer ties in controversial summit

Source: News Formal (newsformal.com)

 

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Business leaders don’t give a damn about national security. Heck, most don’t even care what happens beyond their term! As long as there’s money to be made, that’s their primary concern

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