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Germany announced Thursday that it would reduce its dependence on China in “critical sectors” including medicine, lithium batteries used in electric cars and elements essential to chipmaking.
There is particular concern in Germany about the impact of this de-risking strategy on an economy already in recession given its strong business ties with China, which became the country's single ...
First, Germany’s China strategy is all about the reduction of risks from economic dependencies. For decades Germany adopted a mercantilist approach to China ̶ regardless of government.
Germany on Thursday passed its long-awaited China strategy after months of wrangling within Chancellor Olaf Scholz's three-way coalition over how much to toughen Berlin's stance.
As Germany concludes ‘China has changed,’ it looks to reduce economic dependency, ... Analysts: Germany’s New China Strategy Prudent, Highlights Indo-Pacific July 15, 2023 10:50 AM ...
A long-awaited strategy statement from Berlin is an attempt to set a coherent approach for dealing with China, Germany’s largest trading partner, in policy and business.
China poses a growing threat to global security, Germany said in its first national security strategy on Wednesday, underscoring Berlin's shift in emphasis from economic interests to geopolitics ...
Germany's first China strategy will put its own companies in a bind as it reportedly seeks to pressure them to reduce their dependency on China, and it will have a short-term impact on the just ...
The strategy then accuses China of wanting to change the current world order in its own favor, which clearly contradicts Germany’s stated interests. The strategy describes China as a partner ...
Germany announced Thursday that it would reduce its dependence on China in “critical sectors” including medicine, lithium batteries used in electric cars and elements essential to chipmaking.
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