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Habeck redirects investment guarantees

The German Ministry of Economics wants to “readjust” the instrument of investment guarantees so that the support is more likely to benefit the development of new markets instead of additional involvement in China. This could be learned from ministry circles on the eve of Robert Habeck’s departure for the Asia-Pacific Conference. In the future, the instrument is to be put at the service of a broader diversification of investments. So far, it has tended to increase the money flow to authoritarian countries like China.

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