Reported about 14 hours ago
Friedrich Merz, the conservative front-runner for Germany's chancellorship, advised domestic companies to be cautious about increasing investments in China, highlighting the significant risks involved. His comments, made at a foreign policy event, mark a shift from previous governments' pro-China policies, urging firms to avoid reliance on state support if they encounter losses from such investments. This warning comes as the German government reassesses its economic relations with China following the geopolitical shifts after Russia's invasion of Ukraine.
Source: YAHOO