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Opinion

China is steadily wiping out German industry

National strategy that defined Angela Merkel era has run its course

| China
The logo of German solar power equipment company Q-Cells at a factory site near Bitterfeld in April 2012; The sudden emergence of Chinese competitors wiped out Germany's advanced solar power industry.   © Reuters

Diana Choyleva is chief economist of Enodo Economics, a macroeconomic and political forecasting company in London.

If there was ever a symbiosis between Germany and China, that time has passed. Germany is slowly but surely realizing that a national industrial strategy based on synergy with China is headed toward a dead-end.

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