Government advisor criticizes the Chancellery’s China policy

Photo: Federal Chancellery (archive), via dts news agency

Berlin (dts) – The economist and government advisor Jens Südekum criticizes the China policy of the Federal Chancellery. “When it comes to cars, the fun stops,” Südekum told the weekly newspaper “Die Zeit.”

The EU recently increased tariffs on imports of electric cars from China, and Chancellor Olaf Scholz (SPD), like leading car managers, had repeatedly criticized his rejection of such taxes: Germany's prosperity is based on export transactions that are as unhindered as possible.

"It would make no sense to first prove that Chinese subsidies exist and then simply accept them because we are afraid," said Südekum. Car imports from China are threatening 700.000 industrial jobs in Germany alone.

The resistance of German car manufacturers to the surcharges is entirely understandable, said Südekum: "The DAX companies want to continue doing business in China without disruption." They fear a spiral of tariff increases. "But that should not be the logic by which the state pursues economic policy," said Südekum, who is a member of the scientific advisory board of the Federal Ministry of Economics. "If China's predatory prices destroy local manufacturers and their suppliers, it will lead to massive upheavals in society."