German finance minister warns against quick decoupling from China

  • 📰 Reuters
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 97%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Germany must reduce its dependence on China gradually as decoupling from the Chinese market would costs jobs in Europe's biggest economy, Finance Minister Christian Lindner was quoted as saying on Sunday.

Germany is working on a new China strategy that takes a more sober view of relations and aims to reduce dependence on Asia's economic superpower, which has been the country's top trading partner since 2016.

"Decoupling our economy from the Chinese market would not be in the interest of jobs in Germany," Lindner was quoted as saying by the Welt am Sonntag newspaper. He said that gradually other world regions and markets would have to become more important for German business over the coming years and decades, Welt reported.Reporting by Riham Alkousaa, editing by Emma-Victoria Farr

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

What about 'decoupling' from Russia? How is that going? They seem to not be suffering too much from the 'sanctions' and continue to be able to finance their war in the Ukraine. Why isn't the EU imposing tougher sanctions?

Why decoupling from China? Follow US order? China poses no threat to Germany but a good trade partner instead. US fears China's growth as a threat to its hegemony & hence start a cold war. Germany has no reason & shouldn't follow US to hurt your own economic/political interests.

How could immediately severing economic ties with an entire country possibly go wrong?

The Chinese Communist Party (CCP) must Stop genocide against Uyghur Muslims in Xinjiang Stop oppression against Buddhists in Tibet Stop violence against the people of Hong Kong Stop threatening the people of Taiwan Respect the human rights of Chinese people.

Do the fucking Leopards first Germany then worry about more complicated issues

Germany always takes wrong decisions. From migrants, Ukraine, China decoupling and etc. Trying to play big brother role and don't have foresight....

Germany is a politically anti Chinese country while showing great dependence on China's economy growth.Shame on this puppet authority.

Decoupling from China - quick or slow - is moronic Trump policy. It makes zero sense.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines