“Hamburg – Gateway to the World.” So read the advertising brochures extolling this great trading city.
The actual gateway is the port of Hamburg, Europe’s second-largest container port behind Rotterdam, where millions of goods from all around the world are handled each year.
The port has put this northern German city on the map, and made it one of the big winners in globalization. When world trade is humming, then the people in Hamburg are also doing well.
But when things are going rough for globalization, the city feels it too.