German strategy paper targets China trade dependence, says report

Germany’s Economy Ministry recommended excluding components from providers from authoritarian states in critical infrastructure and imposing stricter requirements for firms dealing with China.
 

Those German firms particularly exposed to China should share details on that business with the government and undergo regular stress tests, according to the ministry’s “Internal Guidelines on China”, marked confidential.
 

Executives from firms including chemicals giant BASF , Deutsche Bank and industrial group Siemens pushed back on the government’s plans in a call with Economy Minister Robert Habeck in September, Reuters reported, citing sources.

The companies declined to comment at the time. Any new plan