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Friends today, rivals tomorrow?

23 August 2010
Presseurop
Der Spiegel
Der Spiegel, 23 August 2010

"Rivals," declares Der Spiegel, devoting its cover to the struggle between China and Germany in their "combat for world markets". For the time being trade between the two countries is "lucrative" for Germany, but in a few short years it could turn out to be more like a "pact with the devil", observes the magazine. "Economic growth in China has been a miraculous opportunity for Germany, as well as a source of new risks, because dependence on exports to the Far East is growing, while Beijing is on the way to becoming a dangerous industrial rival."