Germany has acknowledged its over-reliance on China for essential materials, aiming to reduce dependency without completely disconnecting, especially in industries like automotive.
Chancellor Olaf Scholz emphasized that while de-risking is necessary, the goal is not to sever ties with China, recognizing it as a systemic rival.
Despite the push for de-risking, German investment in China is surging, with a projected doubling of foreign direct investment this year, highlighting the intertwining economies.
German automotive sector remains deeply linked to China, with significant exports of vehicles and parts, showing the complexities of reducing dependency while maintaining competitiveness.
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