How China has pushed Germany to rethink industrial policy
China’s rise inspires some revolutionary thinking in Berlin
IT WAS AN endearingly optimistic line. For years Germany’s China policy was guided by the motto Wandel durch Handel (“Change through trade”). There has certainly been plenty of trade (see chart), but the changes are not of the sort that were intended.
This article appeared in the Europe section of the print edition under the headline “Making Europe Great Again”
Europe February 23rd 2019
- Anti-Semitism, racism and anti-elitism are spreading in France
- The arrest of Michael Calvey in Russia rattles foreign businesses
- How China has pushed Germany to rethink industrial policy
- How far will Pope Francis go in rooting out sexual abuse?
- Can a border fence keep out wild boar?
- The secrets of the Saarland
From the February 23rd 2019 edition
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Marine Le Pen spooks the bond markets
She threatens to bring down the French government, but also faces a possible ban from politics
The maths of Europe’s military black hole
It needs to spend to defend, but voters may balk
Ukraine’s warriors brace for a Kremlin surge in the south
Vladimir Putin’s war machine is pushing harder and crushing Ukrainian morale
Vladimir Putin fires a new missile to amplify his nuclear threats
The attack on Ukraine is part of a new era of missile warfare
A rise in antisemitism puts Europe’s liberal values to the test
The return of Europe’s oldest scourge
Once dominant, Germany is now desperate
As an election looms its business model is breaking down