Germany on Thursday said that there is an urgent need for companies to de-risk from China, while 'not pursuing a decoupling' of both economies.
Germany on Thursday said that de-risking from China is "urgently needed" but emphasized it is "not pursuing a decoupling."
"China's economic strategy aims to make it less dependent on other countries, while making international production chains more dependent on China," the foreign ministry said in a 64-page report.German Chancellor Olaf Scholz and China's Premier Li Qiang address a press conference at the end of German-Chinese economy consultations on June 20, 2023 at the Chancellery in Berlin.
"For Germany, China remains a partner, a competitor, a systemic rival. But the aspect of systemic rivalry has become increasingly prominent in recent years," Germany's foreign minister Annalena Baerbockat the Mercator Institute for China Studies think tank in Berlin, according to a translation from DW, a German newspaper.
The minister was presenting the country's strategy on China and explaining how the country plans to protect its interests. "China's economic strategy aims to make it less dependent on other countries, while making international production chains more dependent on China," the foreign ministry said in a
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
German cabinet to pass China strategy on Thursday - government sourcesThe German cabinet is to pass its long-promised China strategy on Thursday, two government sources told Reuters, after Chancellor Olaf Scholz's government last year ordered a review of how Germany interacts with its biggest trade partner.
Baca lebih lajut »
As Concerns About China Grow, Germany Loosens Its EmbraceGermany is attempting to balance the benefits of its relationship with China with the need to manage risks posed by Beijing’s increasing authoritarianism at home and assertiveness abroad.
Baca lebih lajut »
Factbox: Germany unveils strategy on China, trade partner and rivalGermany 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.
Baca lebih lajut »
China says it does not accept Philippines' 2016 South China Sea arbitration winChina does not accept or recognise the Philippines' South China Sea Arbitral Tribunal ruling from 2016, which concluded Beijing's claim to almost the entire South China Sea was groundless, the Chinese foreign ministry said on Wednesday.
Baca lebih lajut »
China opposes UK's 'discriminatory actions' against China-linked dealsChina firmly opposes what it called the British government's 'discriminatory actions' against Chinese firms, the country's embassy in the UK said after London intervened in Chinese-linked takeovers eight times in the last year.
Baca lebih lajut »
‘I’m kind of pro-China’: Elon Musk sees role for China in writing AI rulesTwitter owner Elon Musk said Wednesday he has an optimistic outlook of China’s future and believes the communist country is ready to help write international rules for artificial intelligence.
Baca lebih lajut »