Exclusive-Germany drawing up new China trade policy, vows ‘no more naivety’

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Reuters

By Christian Kraemer BERLIN (Reuters) – Germany’s economy minister said on Tuesday the government was working on a new trade policy with China to reduce dependence on Chinese raw materials, batteries and semiconductors, promising “no more naivety” in trade dealings with Beijing. Sources told Reuters last week the economy ministry was considering a raft of new measures to make business with China less attractive. This is the first time the minister has made clear the tougher line was being translated into policy measures. Robert Habeck told Reuters that China was a welcome trading partner, but …

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