Why does Germany continue to foster economic partnerships with China? | Business and Economy

German Chancellor Olaf Scholz recently traveled to China for a three-day visit aimed at strengthening economic relations between the two countries. Despite tensions that exist between Berlin and Beijing, Germany holds the title of being China’s largest European trade partner. In response to these concerns, Germany introduced its first-ever “strategy on China” last year with a goal to reduce its reliance on the Chinese market. However, during his recent visit to China, Chancellor Scholz made it clear that he intends to maintain business connections between the two nations. This decision may have caused dissatisfaction among some of Scholz’s closest allies.

Meanwhile, the European Union has taken action by launching investigations into the export of Chinese green technology. These measures are aimed at protecting European industries from competition. It remains to be seen how these developments will impact the ongoing relationship between Germany and China.

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By Samantha Johnson

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