German Finance Minister Olaf Scholz (left) and Chinese Vice-Premier Liu He attend the China-Germany High Level Financial Dialogue at the Diaoyutai State Guesthouse in Beijing, in January 2019. Scholz, who is favourite to succeed Angela Merkel as chancellor, is not expected to chart a difference course in relations with China. Photo: AP German Finance Minister Olaf Scholz (left) and Chinese Vice-Premier Liu He attend the China-Germany High Level Financial Dialogue at the Diaoyutai State Guesthouse in Beijing, in January 2019. Scholz, who is favourite to succeed Angela Merkel as chancellor, is not expected to chart a difference course in relations with China. Photo: AP
German Finance Minister Olaf Scholz (left) and Chinese Vice-Premier Liu He attend the China-Germany High Level Financial Dialogue at the Diaoyutai State Guesthouse in Beijing, in January 2019. Scholz, who is favourite to succeed Angela Merkel as chancellor, is not expected to chart a difference course in relations with China. Photo: AP
Nicholas Spiro
Opinion

Opinion

Macroscope by Nicholas Spiro

German election: why China-Germany tensions won’t be eased, whoever wins

  • Germany’s election campaign has lacked a proper debate about China, despite fears its industry is losing out in trade
  • Germany appears to be heading for Merkelism without Merkel, which is not necessarily good for bilateral relations

German Finance Minister Olaf Scholz (left) and Chinese Vice-Premier Liu He attend the China-Germany High Level Financial Dialogue at the Diaoyutai State Guesthouse in Beijing, in January 2019. Scholz, who is favourite to succeed Angela Merkel as chancellor, is not expected to chart a difference course in relations with China. Photo: AP German Finance Minister Olaf Scholz (left) and Chinese Vice-Premier Liu He attend the China-Germany High Level Financial Dialogue at the Diaoyutai State Guesthouse in Beijing, in January 2019. Scholz, who is favourite to succeed Angela Merkel as chancellor, is not expected to chart a difference course in relations with China. Photo: AP
German Finance Minister Olaf Scholz (left) and Chinese Vice-Premier Liu He attend the China-Germany High Level Financial Dialogue at the Diaoyutai State Guesthouse in Beijing, in January 2019. Scholz, who is favourite to succeed Angela Merkel as chancellor, is not expected to chart a difference course in relations with China. Photo: AP
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Nicholas Spiro

Nicholas Spiro

Nicholas Spiro is a partner at Lauressa Advisory, a specialist London-based real estate and macroeconomic advisory firm. He is an expert on advanced and emerging economies and a regular commentator on financial and macro-political developments.