Siemens boss downplays Germany’s China decoupling plans — RT Business News

Siemens boss downplays Germany’s China decoupling plans — RT Business News

Source link Berlin remains highly dependent on Beijing for various products and raw materials, data shows It would take decades for German businesses to end their reliance on imports from China, the chief financial officer of industrial giant Siemens told the Financial Times on Sunday. Last year Berlin drew up a strategy that policymakers called […]

China downplays risk of EU ‘trade war’ — RT Business News

China downplays risk of EU ‘trade war’ — RT Business News

Source link The head of the European Commission recently sounded alarms about a “growing trade imbalance” with Beijing China has invited EU member states to take advantage of its “mega market,” responding after the European Commission warned it could soon deploy protectionist measures to guard local industry from Chinese firms. Speaking during a press briefing […]