Germany adopts first-ever China strategy ...News

Berlin says “de-risking” from the “systemic rival” is urgently needed The German government has for the first time revealed a “Strategy on China,” with a focus on reducing trade reliance on its largest economic partner, which Berlin views as a “systemic rival.” The paper, published on Thursday on the Foreign Office webpage, states that China has changed, and Germany needs to adapt its approach as a result. Having achieved strong economic growth over the past few decades, Beijing is now pursuing an economic policy that “aims to make it less dependent on other countries, while trying to make others more dependent on

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Last updated : 14 July 2023 clock 04:08 PM

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Germany adopts first-ever China strategy ...News

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