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标题:Once dominant, Germany is now desperate

As an election looms its business model is breaking down

正文：The finance ministry of the southern German state of Baden-Württemberg, home to giants like Bosch, /bɔ:ʃ/ Mercedes and ZF Friedrichshafen, is not a bad spot from which to probe Germany’s anxieties. The country is gripped by fears of deindustrialisation as it heads into an election that seems certain to throw its chancellor, Olaf Scholz, out of his job if his party does not dump him first. That ministry’s occupant, Danyal Bayaz, frets that Germany has squandered the “globalisation dividend” of the past 15 years, underfunding the public realm in an era of low interest rates. Now, facing an energy squeeze, growing competition from China and the prospect of Donald Trump’s America slapping 10-20% tariffs on imports, the country’s business model, fears the minister, is “collapsing”

知识点：ministry n. /ˈmɪnɪstri/

a government department that has a particular area of responsibility（政府的）部

• the Ministry of Defence国防部

• a ministry spokesperson部发⾔⼈

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外刊精讲 | 曾经占据主导地位的德国，为何如今会陷入绝境？

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外刊精讲 | 曾经占据主导地位的德国，为何如今会陷入绝境？