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Scholz warns against too much dependence

German Chancellor Olaf Scholz warns Germany against being too dependent on China. Diversification in imports of raw materials is crucial, Scholz said Thursday at the chancellor’s summer press conference. German companies also understood this, he said. He also stated that Germany will thus have to ensure that lithium, for example, is sourced from different parts of the world. Regarding a possible inaugural visit to China, the chancellor said it was being discussed, but there is no date so far.

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