• GardenGeek@europe.pub
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    2 days ago

    ,You can’t solve a problem with the same mindset that created it. "

    Economic activity in China is only permitted in the form of joint ventures with Chinese participation.

    In the pursuit of short-term profits, Germany has allowed this form of cooperation to result in a massive outflow of technology and know-how… Today, China manufactures products of equal or, in some cases, superior quality at lower prices (note the reversal in the trend of auto exports, a key German industry), while the quality of German products has declined due to the increasing shift of production overseas.

    And in this situation, the mantra “more cooperation” is repeated like a broken record… even though knowledge transfer is one-way, and in the long run, they are destroying their own business foundation just to be active in the short term in a market that is increasingly unwilling to buy their products.