"With China covering, for instance, more than 95% of the rare earth market, you cannot replace this in a short time," he told DW. "These are long-standing and reliable trading relationships, and the material and processes are proven."
"I always tell them when I meet them: That's your risk if things go wrong, please don't come to us."
"fair competition at risk and also sees industrial jobs under threat,"
China dominates the rare earths market, supplying more than 95% of critical materials, making rapid substitution difficult. Frankfurt-based Tradium and many German firms rely on long-standing trading relationships, proven material quality, and established processes centered on China. Rising geopolitical tensions and China's authoritarian shift have prompted calls in Germany to "de-risk" economic dependence, citing potential harsh measures by Chinese authorities and risks to industrial jobs. German leaders convey caution to firms operating in China while maintaining dialogue; some emphasize the importance of speaking with Chinese counterparts to address concerns about fair competition and job security.
Read at www.dw.com
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