The Empire of Evil overtakes the Empire of Evil

May 10, 2024 By Hermann Observer in Hard Facts, Heconomy Tags: China, Economy, Germany, Trade, USA Leave a comment

As Germany’s top trading partner.

US overtakes China as Germany’s top trading partner – The United States overtook China as Germany’s most important trading partner in the first quarter of this year, according to Reuters’ calculations based on official data from the German statistics office.

Germany’s trade with the United States – exports and imports combined – totalled 63 billion euros ($68 billion) from January to March, while the figure for China was just under 60 billion euros, the data showed.

The urge to urge

April 16, 2024 By Hermann Observer in Hard Facts, Heconomy, Helplessness, Hurt Feelings Tags: China, Exports, Germany, Imports, Industry, Restrictions, Trade Leave a comment

Urged once again. Due to the urgency, I guess.

Well, I’m sure this urge will finally do the trick.

German chancellor urges Chinese industry bosses to play fair in EU market – Olaf Scholz says European cars should have equal access to Chinese customers.

“The only thing that always needs to be clear is that the competition is fair,” he said during a discussion with students at Tongji University in Shanghai. “That means there can be no dumping, no overproduction and that intellectual property rights are not violated,” he said.

Englisch of the Day: Guarantee

August 25, 2023 By Hermann Observer in Habitudes, Hard Facts, Heconomy, Helplessness, Hideology, Home Cooking, Hurt Feelings Tags: Business, China, Dependency, Germany, Industry, Russia, Trade Leave a comment

This is an assurance that another’s obligation will be fulfilled, or something presented as such security; guaranty. In this case, they mean with taxpayer money.

And the guarantee is that the Germany economy is guaranteed to fall flat on its face if the German government continues its odd obsession with remaining dependent on China as a business partner. It’s recent dependency on Russan gas was just that much fun, I guess.

German guarantees for China investments plummet -document.

The volume of investment guarantees provided by the German government to companies investing in China has collapsed this year, a government document showed, highlighting the impact of Berlin’s efforts to end over-reliance on the country.

Only 51.9 million euros ($56.26 million) in guarantees have been issued so far this year, according to the document seen by Reuters, less than a tenth of the 745.9 million euros in guarantees issued over the whole of last year.

Just like Germany reduced its dependency on Russian gas…

July 5, 2023 By Hermann Observer in Habitudes, Hard Facts, Heconomy, Helplessness, Hideology, Home Cooking, Hurt Feelings Tags: Blackmail, China, Dependency, Exports, Gallium, Germanium, Germany, Industry, Trade Leave a comment

Before the war in Ukraine. Not.

What could possibly go wrong this time? China being Germany’s biggest trade partner, I mean.

German industry urges reduced dependency after China export controls –
German industry on Tuesday warned that Europe must become more self-reliant in the hunt for raw materials needed for cleaner, more digital economies, after China caused alarm by announcing restrictions on some metals used for semiconductors.

China’s commerce ministry said on Monday it would require export permits for eight gallium products and six germanium products from Aug. 1 to protect national security.

German Of The Day: “Under Review”

April 28, 2023 By Hermann Observer in Habitudes, Hard Facts, Helplessness, Hideology, Hurt Feelings Tags: Business, China, Deficits, German Language, Germany, Taiwan, Trade Leave a comment

That means business as usual.

Business links between Germany and China are under review – It is unusual for a foreign minister to tour a factory, but it shows the importance of business ties between Germany and China. The country is Germany’s biggest trade partner and an important destination for foreign investments in several industries that are the backbone of the Mittelstand (mid-size companies). Yet as the value of trade increased for the seventh consecutive year in 2022, the bilateral deficit widened.

Green German Hippy Chick Foreign Minister Finds The Real World Shocking

April 20, 2023 By Hermann Observer in Habitudes, Hard Facts, Helplessness, Hideology Tags: China, Exports, Germany, Greens, Illusions, Politicians, Reality, Technology, Trade Leave a comment

Even “more than shocking,” if such a thing is possible. Other than for her, I mean.

And somebody somewhere needs to do something about all this more than shocking stuff real pronto, I bet she’s thinking.

Germany’s foreign minister: Parts of China trip ‘more than shocking’ – German Foreign Minister Annalena Baerbock on Wednesday described parts of her recent trip to China as “more than shocking” and said Beijing was increasingly becoming a systemic rival more than a trade partner and competitor.

The blunt remarks followed Baerbock’s visit to Beijing last week where she warned that any attempt by China to control Taiwan would be unacceptable.

Could, Might, Should…

January 12, 2023 By Hermann Observer in Habitudes, Hard Facts, Helplessness, Hideology, Hypocrisy Tags: China, Germany, Socialists, SPD, Taiwan, Trade Leave a comment

But they won’t.

That the SPD even uses the word “could” says it all.

Germany’s ties with China chould change fundamentally – SPD leader.

Germany would be forced to cut ties with China in the way it has with Russia should China attack Taiwan, the leader of Chancellor Olaf Scholz’s Social Democrats (SPD) told the weekly Die Zeit in comments published on Wednesday.

Alternatives Needed

December 1, 2022 By Hermann Observer in Habitudes, Hard Facts, Heconomy, Helplessness, Hideology, Hypocrisy Tags: China, Dependency, Germany, Trade Leave a comment

Like a good alternative reality. Anybody got one handy?

After taking the latest concrete step to make Germany more dependent on China, the German government reminds everyone that Germany should stive to be less dependent on China.

Germany must be more trade independent from China, minister says -news portal – Germany’s Economy Minister Robert Habeck wants to make the German economy more independent from China by focusing on alternative furture markets.

German Of The Day: Handelsbilanzdefizit

July 5, 2022 By Hermann Observer in Hard Facts, Heconomy, Hurt Feelings Tags: Defizits, Exports, German, Germans, Germany, Imports, Language, Trade Leave a comment

That means trade deficit.

Germany warns of ‘historic challenge’ as trade slides into deficit – Soaring energy prices and trading disruption push balance €1bn into the red for May.

Imports increased 2.7 per cent to €126.7bn from April to May while month-on-month exports fell 0.5 per cent to €125.8bn, according to data released on Monday by the federal statistical agency.

“In the past. Germany could always rely on strong exports to revive the economy and today’s numbers show the trade balance will not return as a positive element for growth for at least the next couple of years,”

How Stunning And Brave

January 26, 2021 By Hermann Observer in Habitudes, Hard Facts, Helplessness, Hideology, Hypocrisy Tags: Business, China, Deals, EU, Human Rights, Investments, Profit, Trade Leave a comment

To pretend you would stand up to China when it comes to trade. Even if it was just for a few media moments like that.

Impressive. Not. As usual.

Experts Demand Suspension of EU-China Investment Deal – More than a hundred experts are demanding an end to the EU-China investment agreement, DER SPIEGEL has learned. They name serious human rights violations and the suppression of democracy movements in China as the reasons.

“Despite evidence of ethnic cleansing, forced labor, and other gross human rights violations, the leadership of the European institutions have chosen to sign an agreement which exacts no meaningful commitments from the Chinese government to guarantee an end to crimes against humanity or slavery.”

Observing Hermann

“Was interessiert mich mein Geschwätz von gestern?”

Tag Archives: Trade