German finance minister warns against quick decoupling from China

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Germany is working on a new China strategy that takes a more sober view of relations and aims to reduce dependence on the Asian economic superpower, which has been the country’s best 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 other world regions and markets would gradually become more important for German business over the coming years and decades, Welt reported.

“The political conditions must be improved for this,” said Lindner.

(Reporting by Riham Alkousaa, editing by Emma-Victoria Farr)

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