VW Boss Says Inflation Would Explode Without China, Germany Underestimates How Much Its Prosperity Depends On The Chinese Market

[beijingwalker]

VW Boss Says Inflation Would Explode Without China, Germany Underestimates How Much Its Prosperity Depends On The Chinese Market​

July 1, 2022

He said that without the Chinese market – which accounted for 3.3 million VW sales last year, including its electric ID.4 model – inflation would explode​

The Chinese market accounted for 3.3 million Volkswagen sales last year. File photo: Reuters.


Germany underestimates how much its prosperity depends on the Chinese market, Volkswagen chief executive Herbert Diess told the German newsmagazine Der Spiegel.

He said that without China – which accounted for 3.3 million VW sales last year, including its electric ID.4 model – inflation would explode, and warned of dangers to the global economy from geopolitical confrontation.

Read the full report: Der Spiegel

VW Boss Says Inflation Would Be Worse Without China - Der Spiegel

Germany underestimates how much its prosperity depends on the Chinese market, Volkswagen chief executive Herbert Diess said.

www.asiafinancial.com

 

[beijingwalker]

Without cheap, steady and bountiful Russia's energy supply and Chinese products and market, Germany's future would look very dire and bleak. Serving as an US lackey increasingly comes with a big price tag.

 

[Viet]

Without cheap, steady and bountiful Russia's energy supply and Chinese products and market, Germany's future would look very dire and bleak. Serving as an US lackey increasingly comes with a big price tag.

Tell that to Putin
He can end the war. We could have the situation before Feb 24.

 

[beijingwalker]

Tell that to Putin
He can end the war. We could have the situation before Feb 24.

If Russia were willing to listen China, the war wouldn't have happened in the first place.

 

[MH.Yang]

It is not the lack of China that leads to the outbreak of inflation, but the destruction of the development of global economic integration that leads to the outbreak of inflation. The closure of China for several months cannot lead to such a huge global expansion. The real reason is that the resource supply side is affected by the war, and the United States keeps printing money and raising interest rates on the money supply side. At present, China is unable to save global inflation for the time being, and the best it can do is to protect China from inflation.

 

[Viet]

If Russia were willing to listen China, the war wouldn't have happened in the first place.

Assuming Putin told Xi he wanted war, I doubt you even said Putin: don’t go to war. A war between Russia and the West is in China Interest. Once Russia and the West are finished, you will make wars in Far East, against Vietnam, Japan, Taiwan, Philippines.

 

[etylo]

Tell that to Putin
He can end the war. We could have the situation before Feb 24.

Ask your EU and NATO to stop expanding to the east to Ukraine, next to Russia's heartland, also ask NATO to stop expanding to East Asia to start troubles all over the world.

Assuming Putin told Xi he wanted war, I doubt you even said Putin: don’t go to war. A war between Russia and the West is in China Interest. Once Russia and the West are finished, you will make wars in Far East, against Vietnam, Japan, Taiwan, Philippines.

You are as delusional as the Indians, or high on drugs.

 

[Akritas]

Germany - like the EU - will pay badly the economic globalization, which for so many years has operated unchecked, without rules, with the sole purpose of greedy profitability.

 

[Viet]

Ask your EU and NATO to stop expanding to the east to Ukraine, next to Russia's heartland, also ask NATO to stop expanding to East Asia to start troubles all over the world.


You are as delusional as the Indians, or high on drugs.

I am shocked you don’t understand the basic logics: big dog beats small dog. small countries fear big countries. Putin drives all into the arm of NATO. Same aggressive politics can be seen in China.
Japan, Korea will be next in the Nato.
There is no such thing as heartland. Putin hooligan troops will come, killing, raping, destroying everything on their way.

 

[etylo]

It is not the lack of China that leads to the outbreak of inflation, but the destruction of the development of global economic integration that leads to the outbreak of inflation. The closure of China for several months cannot lead to such a huge global expansion. The real reason is that the resource supply side is affected by the war, and the United States keeps printing money and raising interest rates on the money supply side. At present, China is unable to save global inflation for the time being, and the best it can do is to protect China from inflation.

Why should China spend money to save Germany or Europe's inflation just for their own sake, after all they are strategically aligned with US against China in nearly every matter ? China shouldn't do it again what was a mistake in 2008 that China spent huge amount of money just to save US economy due to the Lehman financial crisis, and then US just bit China once it just recovered.

 

[Akritas]

Without cheap, steady and bountiful Russia's energy supply and Chinese products and market, Germany's future would look very dire and bleak. Serving as an US lackey increasingly comes with a big price tag.

Because I have been working with Chinese people in the port of Piraeus for 15 years, I have recently noticed an arrogance due to the importance of China's economic rise.
Since history always repeats itself, I would suggest you read economic history and read the 1637 event and the Dutch tulips.
The central meaning is that.... at some point the buyers simply dry up...

 

[etylo]

I am shocked you don’t understand the basic logics: big dog beats small dog. small countries fear big countries. Putin drives all into the arm of NATO. Same aggressive politics can be seen in China.
Japan, Korea will be next in the Nato.
There is no such thing as heartland. Putin hooligan troops will come, killing, raping, destroying everything on their way.

Yeah, you are high on drugs to understand the real situations happenings in China.

Because I have been working with Chinese people in the port of Piraeus for 15 years, I have recently noticed an arrogance due to the importance of China's economic rise.
Since history always repeats itself, I would suggest you read economic history and read the 1637 event and the Dutch tulips.
The central meaning is that.... at some point the buyers simply dry up...

Aren't you Europeans far more racist and arrogant as I have noticed on the forum ?

 

[Akritas]

Aren't you Europeans far more racist and arrogant as I have noticed on the forum ?

And from what word, sentence, or argument did you draw this arbitrary conclusion ?

 

[Catalystic]

And from what word, sentence, or argument did you draw this arbitrary conclusion ?

I’ve been to europe. They don’t like any ‘outsiders’, even call em auslander. Few may be tolerant but most of the old generations hate foreigners…..

 

[etylo]

And from what word, sentence, or argument did you draw this arbitrary conclusion ?

Such as many comments put on by members such as Apollon and dbc on many subjects. Also, I used to know a student and a professor from Europe in school, they were so racist and arrogant in attitudes towards colored people.