The German economy is far too naive in dealing with China – Economy

Manager Saori Dubourg had shown amazing courage. On the board of the chemical company BASF, the 52-year-old even played the role of heretic. That’s why she lost her job in February. Dubourg, who is highly regarded in the company, was considered the likely successor to company boss Martin Brudermüller, whose term of office ends next year. But the German-Japanese thinks the CEO’s strategy in China is a mistake. The risks for BASF, which already operates a large plant in the People’s Republic and is currently building a second one for ten billion euros, are too great. The gentlemen in the China-loving BASF do not like to hear that at all.

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