Trade Agreement Between Germany And China

The strategy also includes a trade agenda that places a strong emphasis on improving market access opportunities, including negotiations for a comprehensive investment agreement. It also looks at overcapacity and calls on China to look at multilateral ambitions. In 1859, after China`s defeat in the Second Opium War, Prussia sent the Eulenburg Expedition to negotiate trade agreements with China, Japan and Siam. On 2 September 1861 Friedrich Albrecht zu Eulenburg and a representative of Zongli Yamen signed the Treaty of Tianjin, which opened formal trade relations between China and Prussia, representing the German Customs Union. Later, Prussia became the dominant and dominant part of the newly created German Empire. The treaty would settle German-Chinese relations until World War I, when the Republic of China unilaterally rejected the treaty. In 2016, Germany`s trade (imports and exports) with China surpassed germany`s trade volume with China for the first time, making China Germany`s largest trading partner. The figures were first released at the end of January 2017 by the German Chamber of Commerce and Industry (DIHK) and at the end of February by the Statistisches Bundesamt, and the change in the ranking aroused the enthusiasm of the German press. “Danger is not a number.” It was with these words that the famous virologist Christian Drosten appeared at the beginning of March this year, explaining the complex effects of an epidemic. In the globalized economy, we could adapt Drosten`s words to the very complex interdependence between Germany and China: “Meaning or dependence is not a number.” The figures must be studied and interpreted in complex contexts, as scientists do in the case of the current crisis, otherwise we can quickly cause distortions or even errors. For years, Chinese President Xi Jinping`s rhetoric on the international stage has led Germans to ignore his real foreign policy agenda – and respond to a misrepresentation of the CPC by adopting a policy of change through trade (change through trade).