Berlin remains highly dependent on Beijing for various products and raw materials, data shows It would take decades for German businesses to end their reliance on imports from China, the chief financial officer of industrial giant Siemens told the Financial Times on Sunday. Last year Berlin drew up a strategy that policymakers called “de-risking,” seeking to reduce economic dependence on China, the world’s second-largest economy. However, a study by the German Economic Institute, published last week, revealed that German manufacturers remain highly dependent on China for various products and raw materials, despite
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