, by welcoming Li Qiang and promising increased capital investment and trade, is inviting the red wolf, China, to devour the heart of the German economy: vehicles and high value added manufactured goods.
In February 2020, FBI Director Christopher Wray warned American business leaders that China would relentlessly steal"sensitive technology and proprietary information from United States companies, academic institutions, and other organizations" in order to climb up the economic ladder of the production of global goods and services. It was too late. Large parts of the U.S. goods market have been destroyed by cheap Chinese imports.
China will steal German manufacturing technology and processes. China will reverse engineer production techniques, and through lower labor costs, lower costs of capital, and direct subsidies, China will supplant Germany as the preeminent global supplier of high value added manufactured goods.