Germany and China: A Partnership for Stability and Growth
Germany views its economic relationship with China as a pillar of stability, not only for the two nations but also for Europe as a whole. This assertion came from Hans-Peter Friedrich, former vice president of the German Bundestag and chairman of the German-Chinese parliamentary group.
Friedrich emphasized Germany’s pivotal role in shaping the dynamic between China and Europe. He believes a stable relationship benefits all involved. “In times of uncertainty, you need stability,” Friedrich stated. “I think the economic relationship between China and Germany can bring stability to both sides and to China and Europe.”
He highlighted the complementary nature of the German and Chinese economies, creating fertile ground for mutually beneficial collaborations. The potential for these collaborations is vast. “The economies of Germany and China work well together, creating significant opportunities for cooperation. There are vast areas for fruitful collaboration, such as ecological technology, health products, and even tourism,” Friedrich asserted.
Despite the cultural, systemic, and value differences, Friedrich affirmed a spirit of collaboration cultivated over the past five decades. This cooperation, he stressed, is essential in a complex international environment. “Focusing on shared interests and fostering dialogue and cooperation are essential for achieving mutual development,” he noted.
Friedrich pointed to the successes of globalization, where a more open global economy has driven growth and significantly reduced poverty. “These achievements stem from deeper international cooperation, reduced trade barriers, and open markets”, he remarked.
However,
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Friedrich cautioned against the tide of protectionism, emphasizing its threat to ongoing progress. “Rising protectionism and new trade barriers pose great threats to globalization,” he cautions. The former vice president argued for a global partnership dedicated to tackling shared challenges.
“Global divisions undermine not just economic interests but also humanity’s shared future, noting that a fractured international community could jeopardize critical achievements such as the United Nations’ Sustainable Development Goals,” he said. He urged for a continued welcoming attitude toward Chinese investment, encouraging open markets that foster innovation and growth, leading to a balanced approach that benefits all. “A balanced trade relationship benefits everyone,” Friedrich emphasized.
Looking ahead, Friedrich underscored the necessity of collaboration on a basic human level. “Can humanity meet its challenges through confrontation or cooperation?” he asked. His answer was clear: “facing global challenges requires cooperation, not confrontation.
He called for continued dialogue and declared “The friendship between Germany and China has a bright future.”
