Why the US economy has a bigger China problem than Germany – Economy

The US government is trying to drive its companies out of China with even tougher means than Germany. However, a survey shows that American companies are even less involved than German corporations.

From

Florian Müller, Beijing

The boss of the US computer manufacturer HP, Enrique Lores, does not have much good news to announce at the moment: Falling sales, job cuts, because one longs for a positive message. And the technology group found it in a country that is currently in one of the most serious crises in its relationship with the United States in decades: China. “China is developing into one of the most positive scenarios,” Lores told Reuters. He and many of his US colleagues hope that the end of the corona restrictions will put an end to the supply chain problems and create a new upswing in demand. But this puts them in a clear tension with the political goals of the government in Washington, which perceives China as its greatest threat.

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