BERLIN – German firms that rely utterly on one market might not 100% have the nation’s greatest financial pursuits in thoughts, mentioned German Overseas Minister Annalena Baerbock on Friday about state funding ensures underneath the nation’s new China technique.
German Chancellor Olaf Scholz’s authorities is within the means of drawing up a brand new enterprise technique on China.
Beneath measures proposed by Baerbock’s ministry, funding ensures will face higher scrutiny to take account of the environmental influence, work and social requirements and to keep away from compelled labour within the provide chain, mentioned a confidential draft doc seen by Reuters final month.
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