Embracing China

The hidden reason why Germany is trusting another authoritarian regime.

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. Suddenly, doing business with Russia became a major risk. This left Germany with a lot of egg on its face and a lot less money in its pockets.

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