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Germany closing factories at home, opening them in China
Asia Times ^ | 11 27 2024 | Diego Fassnacht

Posted on 11/27/2024 10:42:42 AM PST by yesthatjallen

Germany’s domestic energy policies and economic environment are driving its biggest industrial players away from home and toward more favorable conditions in China. Escalating energy costs, massive subsidies for renewable energy and stringent regulations have created an environment in Germany that is increasingly hostile to industrial growth.

As a result, many of Germany’s most established companies are downsizing at home, shedding thousands of jobs, while investing heavily in China. This shift underlines the profound impact of current policies on Germany’s industrial landscape, with long-term implications for the local economy and employment.

Asia Times examines here the key factors and the companies that are reshaping their operations abroad.

High energy costs in Germany: The result of ideological policies

Germany’s energy policies have driven industrial electricity prices to levels that are among the highest in the world, second only to the UK. By 2023, the average price for industrial users will have reached almost US$250 per MWh; even this cost level is unsustainable without substantial government subsidies, which have now reached unprecedented levels.

SNIP

(Excerpt) Read more at asiatimes.com ...


TOPICS: News/Current Events
KEYWORDS: asia; bigmistake; china; europe; factories; germany; manufacturing
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What is Germany going to do with the immigrants they imported to work in their factories?
1 posted on 11/27/2024 10:42:42 AM PST by yesthatjallen
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To: yesthatjallen

I think the more appropriate question is what will the imported migrants do with the native population.


2 posted on 11/27/2024 10:44:44 AM PST by power2 (JMJ)
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To: yesthatjallen

Maybe Germany needs some tariffs and a border wall.


3 posted on 11/27/2024 10:57:59 AM PST by DannyTN
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To: power2

Big Question—what will the German People do with such a government? My bet—Turn Right—MGGA.


4 posted on 11/27/2024 10:59:20 AM PST by Forward the Light Brigade (. War is Hell, War IS a Crime.)
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To: yesthatjallen

Nothing that a world war won’t fix. Maybe they think America will rebuild them again.


5 posted on 11/27/2024 11:04:39 AM PST by HYPOCRACY (Democracy is dead. Long live the Republic!)
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To: yesthatjallen

Notice that the Eurotrash are not investing in manufacturing here in America? I do.


6 posted on 11/27/2024 11:07:17 AM PST by wildcard_redneck
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To: yesthatjallen
Sounds like the 1970s-90s in America.
7 posted on 11/27/2024 11:11:09 AM PST by Repeat Offender (While the wicked stand confounded, call me with Thy saints surrounded.)
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To: yesthatjallen

This is not going to end well.


8 posted on 11/27/2024 11:12:14 AM PST by sauropod ("This is a time when people reveal themselves for who they are." James O'Keefe Ne supra crepidam)
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To: yesthatjallen

Germany is going to swing hard to the right.

The people will not put up with this crap much longer.


9 posted on 11/27/2024 11:16:33 AM PST by Mariner (War Criminal #18)
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To: Mariner

Also expect a close relationship with Russia, and normalization of commodity trade.

The near cutoff of all Russian energy has caused this disruption.


10 posted on 11/27/2024 11:19:19 AM PST by Mariner (War Criminal #18)
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To: Forward the Light Brigade

Big Question—what will the German People do with such a government? My bet—Turn Right—MGGA.

++++++++++++

Dennis Prager is correct once again. One of his theorems, is “What ever Germany does, do the opposite.” Certainly not true in all cases, but when it comes to energy, the economy and self-reliance, he could not be more correct.
The Germans may as well just do like some Canadians are doing and eat the pill and put yourself out of misery. What is the point of a country when there is no work, no churches (dying quickly), no energy (freezing your arch off). Now all of your awesome cars are now sheiße as well.
Germany needs a Herr Donald Johann Trump.


11 posted on 11/27/2024 11:19:28 AM PST by mund1011 (We can ignore reality, but we cannot ignore the consequences of ignoring reality)
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To: wildcard_redneck

BMW and Mercedes have significant manufacturing facilities in the USA.


12 posted on 11/27/2024 11:22:17 AM PST by Cobra64 (Common sense isn’t common anymore.)
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To: yesthatjallen

Germany Sucks


13 posted on 11/27/2024 11:24:42 AM PST by butlerweave
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To: yesthatjallen

but the Leeches only wanted Free Stuff not work ,LOL


14 posted on 11/27/2024 11:25:31 AM PST by butlerweave
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To: yesthatjallen

Unsustainable without substantial government subsidies.

Now where did I hear that before.


15 posted on 11/27/2024 12:00:25 PM PST by Vaduz
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To: Forward the Light Brigade

Their ‘center left’ coalition government has already collapsed and is desperately trying to put off a snap election because they already know that the populace, if asked to choose in the next couple of months, will turf them all out.

If they can get a few more months, they can throw the people some bones and use propaganda to get them back in line again. Or so they think.


16 posted on 11/27/2024 12:25:05 PM PST by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
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To: yesthatjallen

China opened coal power plants.

Germany closed coal power plants.


17 posted on 11/27/2024 12:36:40 PM PST by Uncle Miltie (NOT TIRED OF WINNING!)
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To: Cobra64

We are Germany’s 3rd world dumping ground.


18 posted on 11/27/2024 12:44:46 PM PST by central_va (I won't be reconstructed and I do not give a damn...)
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To: yesthatjallen

Germany is too stupid to be a country.

We should revoke their license.


19 posted on 11/27/2024 1:41:42 PM PST by ifinnegan (Democrats kill babies and harvest their organs to sell)
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To: yesthatjallen

Ain’t globalism and the green agenda grand?


20 posted on 11/27/2024 3:13:11 PM PST by Kazan
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