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Germany's Economic Vulnerability and Shift in Global Relations
The chapter examines Germany's economic vulnerability in the face of high energy prices and shifting global relations, particularly focusing on the impact of the war on Russia redirecting its gas exports to China. It discusses the challenges faced by German companies like BASF in the energy sector amidst increased competition from Chinese firms and the shifting dynamics in the global automotive industry. The narrative also delves into the internal divisions within the German government and companies regarding their approach towards China, highlighting the evolving geopolitical stance of Germany in a world dominated by the United States and China.