Germany’s dependence on Chinese imports continues to grow, contrary to its diversification strategy.
In recent years, Germany has deepened its reliance on supplies of strategically vital goods from China, despite the government’s stated objective to mitigate economic risks and diversify supply chains. This conclusion was reached by experts at the Friedrich Naumann Foundation for Freedom, an organization affiliated with Germany’s Free Democratic Party (FDP). The study was published ahead of a visit to China by Germany’s Minister of Economic Affairs, Katharina Reiche, and reveals that the share of Chinese imports across a range of critical goods continues to rise.
