Reuters exclusively reported Germany’s economy ministry is considering a raft of measures to make business with China less attractive as it seeks to reduce its dependency on Asia’s economic superpower. The measures could include reducing or even scrapping investment and export guarantees for China and no longer promoting trade fairs and manager training there. Loans from state lender KfW could be re-directed to projects in other Asian countries, such as Indonesia, in line with attempts to diversify trade and increase business with democracies.
The post Reuters reveals German economy ministry reviews measures to curb China business appeared first on Reuters News Agency.