Economic Alliance

Why is the German chancellor so keen to sign over the country’s largest port to China?

Germany signed a pact with the devil, and got burned. That’s the way many view Germany’s Nord Stream pipeline with Russia. It wanted cheap gas, built a couple of pipelines to Russia, and shackled its economy to Russia’s. Then Russia invaded Ukraine, and doing business with Russia became a major risk—leaving Germany with a lot of egg on its face.

Read more at “Germany Forges New Economic Alliance With China”

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