Germany must not be “naïve” about the “very real” risk of China invading Taiwan, one of Berlin’s top economic advisers has warned. Monika Schnitzer, who leads the Council of Economic Experts, said the country must reduce economic ties with the world’s second biggest economy to avoid “a real moment of conflict” if Xi Jinping sends troops onto the island.

  • Sheltac@lemmy.ml
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    1 year ago

    Fifth once-in-a-lifetime economic crisis here I gooooooooooooo

  • MrMakabar@slrpnk.net
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    1 year ago

    Seriously most German investment into China is in the car industry and BASF. The first is basicly destroying all hope of Germany managing the green transition in the energy sector by lobbying, so activly make Germany worse. BASF is even worse. The last big operation they did was financing the NordStream pipelines, develop gas fields in Russia, while signing massive gas deals with Gazprom. When all of these blew up with the war in Ukraine, the managment was extremly helpfull to Putin by spreading Kremlin propaganda in Germany and the entire EU.

    In other words, the pain to the German economy from something like this, would massivly help Germany in the long term.

    • MrMakabar@slrpnk.net
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      1 year ago

      Which is a policy only really supported by the Greens. The liberals did not want to spend the money and the social democrats have proven to be pro China by having Scholz force throu the sale of parts of Hamburgs port to China. We all know the policy of the conservatives has been pro China for over a decade.

    • Haven5341@feddit.de
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      1 year ago

      Lol, top economic advisor.

      You might not agree with her but she is - without any doubt - one of the top economic advisors.

      Monika Schnitzer (born September 9, 1961 in Mannheim) is a German economist and chair of comparative economic research at the Ludwig Maximilian University of Munich. She was the president of the Verein für Socialpolitik from 2015 to 2016 and is the chairwoman of the German Council of Economic Experts since 2022.

      Schnitzer graduated with a diploma in economics from the University of Cologne in 1986. She went on to further study at the University of Bonn and received her doctorate (Ph.D.) in 1991. She was granted a habilitation at the same university in 1995.

      The Ludwig Maximilian University of Munich appointed Schnitzer to her current position in 1996.

      In addition to her academic work, Schmitzer advised the German Federal Ministry of Economic Affairs and Energy and the European Commission from 2011 to 2020. From 2011 to 2019, she served as deputy chair of the Commission of Experts for Research and Innovation (EFI). She is a fellow of the European Economic Association.

      https://en.wikipedia.org/wiki/Monika_Schnitzer

      In German:

      https://de.wikipedia.org/wiki/Monika_Schnitzer

      • silent2k@lemmy.world
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        1 year ago

        I know who she is. The whole school of hers is just bullshit. Nothing personal, she is just wrong.

        • 0x815@feddit.deOP
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          1 year ago

          @silent2k

          Is there anything more that could explain your comments?

            • gravitas_deficiency@sh.itjust.works
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              1 year ago

              How about you provide a brief summary as a hook instead of just coming across as an asshole?

              There are tons of people in various governments who I don’t like, and tons who I think are actively harming humanity in one way or another. If someone asks me why (and isn’t being a troll), I am generally happy to use several sentences to explain, and then provide a link or two. You should do that too.

              • silent2k@lemmy.world
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                1 year ago

                Of she had a consistent strategy i could. She has not except letting the rich do their thing. If you are expecting an essay i write for 4 people to read, i am sorry. You are better then me in that regard. I don’t designate people assholes for voicing unqualified opinions though.

    • SubArcticTundra@lemmy.ml
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      1 year ago

      You realize that there is significant drive in the EU to become less dependent on the US? They are trying to bring chip building over here and there are even efforts to build an EU army so that the US doesn’t have leverage here

    • silvercove@lemdro.id
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      1 year ago

      America is guilty of everything they accuse China of. It’s projection.

      • gonzo0815@sh.itjust.works
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        1 year ago

        Yeah, who doesn’t remember the uighur camps in Utah or the Tiananmen massacre in Washington d.c.?

        • anlumo@feddit.de
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          1 year ago

          I do remember the Japanese camps, and I also remember the people of color who are imprisoned in slave-like conditions for many years for minor misdemeanors (or, what should be ones).

          I also remember the systematic killing of people of color by the police, who are protected by the state via qualified immunity.

            • Xoronil@feddit.de
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              1 year ago

              Biden is still being critizised for his handling of immigrants on the border. But at least he rolled back some of Trump’s policies.

      • Draedron@lemmy.dbzer0.com
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        1 year ago

        I hate america as much as every sensible person does but america has concentration camps, locking people up solely because of their religion, rapes the women, steals their organs, arrests people who report it, brutally beats down protesters and have elected their dictator for life? I mean I al sure america rapes inmates in their torture camps, I doubt they steal their organs and do all the other stuff

          • LaLiLuLuCo@lemmy.ca
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            1 year ago

            Tibet, Vietnam…

            Lots of other countries are afraid of an invasion in south east Asia, at minimum a seizure of their fishing territories and waters.

            Currently we are discussing a possible invasion of Taiwan.

            Oh there’s also the modern border conflicts with India and the Sino-Indian war in 1962 and flare ups since.

            All of which is to say, don’t mistake an inability to project power outside of their region with an unwillingness to be an imperialist bully. China was involved in the Mali war with the UN, and were a Chinese company to have it’s investments in insert African or Latin American country threatened by a “socialist” government nationalizing it they would be just as likely to pull the same BS as the US did in Latin America in the 20th century if they could actually project power there.

            • silvercove@lemdro.id
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              1 year ago

              Currently we are discussing a possible invasion of Taiwan.

              Possible invasions are not as bad a actual invasions where Americans have destroyed entire cities in the middle east and forced millions of people to become refugees.