Germans Thinking About Reducing Their Dependency On China

Why on earth for? It worked great with Russia.

German economy ministry reviews measures to curb China business – Germany’s economy ministry is considering a raft of measures to make business with China less attractive as it seeks to reduce its dependency on Asia’s economic superpower, two people familiar with the matter told Reuters.

The measures could include reducing or even scrapping investment and export guarantees for China and no longer promoting trade fairs and manager training there, those people said. Loans from state lender KfW could be re-directed to projects in other Asian countries, such as Indonesia, in line with attempts to diversify trade and increase business with democracies.

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