When he spoke publicly about China, Siemens boss Roland Busch found only words of praise. You have to treat the country with “respect,” he said in an interview a few months ago. But when the door closed, Busch began to talk about the downside of the explosion. China, he said a year ago at a meeting of business leaders at Deutsche Bank headquarters, has become the biggest risk.
Even then, Busch and the assembled managers worried that the European/US and Chinese economic areas would be separated, which is called decoupling. This jeopardizes the lucrative network of factories and joint ventures that have been built up over the years.
Read now
Get access to this and every other article on
The web and in our app are free for 4 weeks.
Read now
Get access to this and every other article on
The web and in our app are free for 4 weeks.
Continue
