"The importance of the Chinese market needs no explanation," he said, but the goal is not to be dependent on any one market.
"I am therefore surprised at how dependent some companies have made themselves on individual markets and have completely ignored the risks," Scholz told the magazine. Such dependencies show Germany needs to be more active in raw materials such as lithium and cobalt. "Even in mining, we can't afford to be comfortable any more," added the chancellor.since the COVID-19 pandemic, where he bluntly complained about access to the Chinese market.
He made the trip while facing criticism from within his own coalition about relations with Beijing. He has tried to balance securing a level playing field for European companies with shedding Germany's heavy reliance on the Chinese market.
He's surprised that factories in China might be dependent on China!
It seems that the war in Ukraine has sparked a review about the risks of depending too much on a single counterpart. Hopefully, this process will make economies be better prepared for future disruptions.
He was surprised by their Russian dependence, too Maybe he should seek other employment,...
So not China but whom? Who else could afford the big market if Germany wants to retain its profit?
That only proves how little of a nowadays world and busissnes does he understand
🤣
How is that surprising? Fire this guy now.
I predicted this almost 20 years ago and the 'experts' said I did not understand the big picture. Same with russia.
Germany really shouldn’t talk about a surprise in dependence…
China is our enemy. China is slowly but surely moving towards world domination economically & militarily. Western countries must institute severe tariffs & move towards minimal trade with China before they complete their rapid naval warship expansion & advanced weapons production
Get out of China
Has he been in a coma?
Ya, right
I am surprised Scholz is surprised.
No shit Sherlock
Good job prime minister! Good job.
Did the WEF not tell him?
Wow ! Are you surprised by dependence on Russian oil and gas?
Mr Scholz is surely also 'surprised' that German industry is going bankrupt when you close nuclear power plants and stop gas imports from Russia.