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German industry won’t decouple from China for good reason

German outreach to China may well be a path-setter, despite the criticism Chancellor Olaf Scholz has attracted.

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Germany has sent a strong signal that German industry cannot – and will not – decouple from China, even as it actively seeks to diversify its trade links even more.

The reality is the German economy cannot do without China.

PHOTO: REUTERS

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Was it a sell-out, naivety over China or muddled geopolitical thinking?

German Chancellor Olaf Scholz’s

11-hour visit to Beijing

, accompanied by his nation’s top industry leaders, raised eyebrows for what appeared as a split from key European peers at a time when European Union solidarity is being tested by Russia’s invasion of Ukraine.

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