Why Germany's China policy is dividing Europe and weakening its own economy

The latest report from the Centre for European Reform (CER) analytically outlines the implications of the so-called ‘China Shock 2.0’: the Asian giant’s economic model does not operate in accordance with the rules of the ordoliberal EU single market.

...The CER estimates that almost 40 percent of Germany's GDP shortfall since the pandemic is attributable to lost export markets and displacement by Chinese suppliers.

Looking at Minister Reiche's positions, a remarkable diagnostic alignment with the economists at the CER becomes apparent.