As China Moves Closer to Germany, Is the EU Dream Over?
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  • dearieme

    Didn’t the Germans famously want the Chinese to view them as worse than the Huns?

  • “Beijing has demonstrated a far greater willingness than the U.S. to support the Continent during the crisis.”

    That’s news to me. I’d like to see some documentation — of acts, not promises. The U.S. has done much via the Fed, IMF, and no doubt in other ways, with real American dollars, billions of them.

  • Kenny

    “China is a potential solution to Europe’s financial woes, since Beijing has demonstrated a far greater willingness than the U.S. to support the Continent during the cris”

    Hogwash.

    Any ‘help’ that China give Europe will come with so many strings that they could tie Gulliver down.

    Uncle Sap, on the other hand, is (and has always been) a rather soft touch for Europe.

  • Make that hundreds of billions — maybe even trillions in the case of the Fed.

  • “On the trade front, too, the two countries are forging close ties. Bilateral trade reached €144 billion last year, and China is Germany’s official “partner country” at the Hanover trade fair.”

    Germany is as vulnerable to factor-price equalization as any other developed economy. If she goes down this path she can kiss her own blue model good-bye along with everybody else. Somehow I doubt Germany is that stupid.

  • BillH

    #2 Luke Lea, “…with real American dollars, billions of them.” And, all borrowed from China. So, China is after all helping Europe, through the U.S., at a profit.

    #4 Kenny, “Uncle Sap….” Now why would you say a thing like that?

  • BTW, there have always been Europeans – commonly dubbed “reactionaries” by the mainstream press – for whom the European Union project itself (partic. as it took off in the Golden Decade 1995-2005) was never anything more than a nightmare in dream’s clothing. Unfortunately the current unraveling isn’t likely to give even us knee-jerk Europhobes much to smile about. The big question in my small mind: Will the fading Euro-torch be picked up by WRM’s very aptly named Fifth Reich? And if so, as Berlin continues to gain confidence, will it more and more revert to its default pattern of gulling Russia and “facilitating” China (with perhaps undertones of a soft anti-Americanism and hints of Eurasian spheres of influence)? If anything, Via Meadia’s very able documenting of these trends suggests it will.

    Some further Europhobe (Eurasiophobe?) reflections: My instinct, again, is that ANYTHING short of mutually hostile military buildup that keeps Germany and China apart is a good thing. Germany’s most peaceful and prosperous future is best insured by its facing the Atlantic – NOT Eurasia – in concert with its partners on both sides of the pond. In the same way, China has everything to gain by developing friendly, non-hegemonic ties with its (please God) future partners of the Pacific Rim. As I see it, one of the the last things the world needs is a “silk road” approach to closer trade relations between Berlin, Beijing and juniorly Moscow (nor do I see it as any real insurance against the spread of pan-Islamism; if anything maybe the reverse). Transconstinental economic ties can be a good thing, but not when the two or three most interested parties – in this case China and Germany, perhaps also Saudi Arabia? – are separated by huge distances and myriads of foreign cultures of which they understand little and care to know less.

    Call it a superstition of mine: Facing seawards can sometimes enforce humility; facing landwards nearly always invites arrogance.

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