EDITORIAL: Scholz’s trip only raises doubtsGerman Chancellor Olaf Scholz, accompanied by 12 top executives, on Friday visited China, hoping to deepen economic ties to reinvigorate the German economy, which is on the brink of a recession. Last month, US Secretary of the Treasury Janet Yellen warned of China’s “weaponization of trade” as a tool of geopolitical coercion. Taiwan has long been a target of China’s economic coercion, with politically motivated bans imposed on all types of Taiwanese products. Right before Scholz’s trip, Germany approved Chinese shipper Cosco’s purchase of a stake in Tollerort terminals in Hamburg. The German chancellor’s China trip has raised more doubts, and that could be a lesson for the world.
Source: Taipei Times November 09, 2022 04:08 UTC