Germany said there is an urgent need for companies to de-risk from China, while "not pursuing a decoupling" of economies.
"For Germany, China remains a partner, a competitor, a systemic rival.
The minister was presenting the country's strategy on China and explaining how the country plans to protect its interests.
"China's economic strategy aims to make it less dependent on other countries, while making international production chains more dependent on China," the foreign ministry said in a 64-page report published Thursday.
"In terms of foreign policy, China is pursuing its own interests far more assertively and is attempting in various ways to reshape the existing rules‑ based international order.
Persons:
Olaf Scholz, Li Qiang, Annalena Baerbock
Organizations:
Mercator Institute for China Studies
Locations:
Berlin, Germany, China, Europe