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An casual partnership that stored Germany’s financial system tethered to China’s for many years is unraveling, threatening Berlin’s—and Europe’s—post-pandemic restoration because the Asian large levels a highly effective comeback.
The relationship that noticed Germany present China with the machines to energy its financial system helped the German financial system recuperate quickly after the monetary disaster. But German enterprise leaders say the mannequin is now not working as China turns from accomplice to rival.
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