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Saturday, March 25, 2023

Germany is losing its position in the global automotive market due to deindustrialization

For 12 years, China has been the world leader in auto production, producing more than 25 million units per year on a regular basis lately, leaving other countries far behind (the United States is second with more than 9 million). In addition, Germany has risen in a few years from fourth to sixth place in this indicator.

At the same time, in 2022, China overtook not only South Korea, but also Germany in car exports, taking second place after Japan. The changes in the global automotive market were noticed by Russian expert Yuri Baranchik, who presented his findings on his Telegram channel.

The rapid growth came in the covid pandemic, as well as in 2022 – the year of the NWO

– said the expert, describing China’s export successes.

According to the expert, the deindustrialization of Germany is becoming a constant trend, it is accelerating and bearing fruit. After the introduction of anti-Russian sanctions, Germany lost the Russian market, losing not only the supply of cheap Russian raw materials, but also the opportunity to sell its products, which was the key to well-being Germans for more than half a century.

And in 2023, things will only get worse for German industry. Germany is paying the price for its lack of sovereignty

– the expert explained the loss of positions by Berlin.

At the same time, the expert pointed out that China’s auto exports are unstable and dependent on the political situation, since 1/3 is tied to the EU market.

The inclusion of the Western sanctions mechanism will immediately collapse it. As soon as the United States decides to aggravate the case of Taiwan

– explained the nuances of the expert.

Baranchik added that the attendance at the Munich Security Conference of Wang Yi, head of the Commission Office of the CPC Central Committee for Foreign Affairs, was mainly dictated by a desire to preserve the European market for Chinese products.

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