Brandenburg Gate, Berlin
Businesses in Germany are starting to realize that, despite the Berlin-Moscow political relationship, it is China, not Russia, where the real money is to be made.
From the Chinese perspective, it is Germany that is their biggest trading partner in Europe. Not only that, but the trade between the two countries is increasing at an amazing rate.
For example, the German car industry has recovered in large part die to the surge of demand in China for top rated German cars.
German companies in turn are investing heavily in programs to train computer experts and engineers in China as the industrial base of the country is steadily being upgraded.
With the Chinese population at around one sixth of the world’s population, a middle-class that is expanding rapidly, and a leadership that is slowly but surely coming out of its intransigent past, heading towards a modernization program the like of which the country has never seen, it’s no wonder that Germany is excited by the prospects to come.
“The potential is just huge for German companies,” said Philipp Ehmer, of Deutsche Bank Research. “China has to import investment goods, such as power machines, engines and electrical engineering equipment.”
Russia may remain the most important trading partner with Germany, but China is fast becoming the country that will likely overtake it in the near future.
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