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Germany seeks less China reliance after Russia ‘mistake’ – DW – 11/22/2022


German Chancellor Olaf Scholz on Tuesday assured that trade diversification was underway and referred to Berlin’s decadeslong dependence on Russian energy supplies as a “mistake” that would not be repeated.

His remarks at an economic forum hosted by the Süddeutsche Zeitung newspaper came amid reported concerns among German industries over Berlin’s approach toward its biggest trading partner: Beijing.

“With Russia we have seen what it means to become dependent on a strategic resource such as gas,” Scholz said.

“The mistake of dependence as with Russia will not happen again,” he said.

Germany has reduced its reliance on Russian energy supplies since the start of Russia’s invasion of Ukraine.

Is Germany at risk of an industrial slowdown?

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Written by Bourbiza Mohamed

A technology enthusiast and a passionate writer in the field of information technology, cyber security, and blockchain

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