That’s one thing value noting as Lindner is saying this by way of his Twitter account, saying that Germany ought to “study from experiences with Russia” and “as a substitute of changing into too dependent, we urgently must rethink” the state of affairs as China stays Germany’s essential buying and selling accomplice for a seventh 12 months operating.
For some context, Germany had a commerce deficit with China of round €84 billion final 12 months. The 2 international locations traded items value round €298 billion – up by round 21% from 2021. Of word, Germany imported items value €191 billion from China final 12 months – roughly a 3rd greater than the 12 months earlier than. In the meantime, exports of German items to China was seen round €107 billion – only a 3% enhance to the earlier 12 months.