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Prediction: New Economic Axis of Power and The Grand Chessboard

I came across this very interesting report about #Germany’s push for a “special relationship” with #China (see video at the bottom of post). I think it illustrates clearly where the wind blows. Today, Germany’s trade with China already amounts to a whooping 145 bln euros, which makes China Germany’s #3 trading partner. Especially popular in China are Germany’s luxury vehicles, like Porsche, as well as other high-tech products based on superb German engineering.

In all this flirting of Germany with China, the rest of the #EU is threatened to be left behind as EU’s dominant and most vibrant #economy looks into the future, while others have to deal with the imposed austerity. Read the rest of this entry

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