The wave of China strategies continues – with similar content in different weightings. On Tuesday, the German Engineering Federation (VDMA) presented its own position paper. The content essentially reflects the strategies of the Federation of German Industries and the German Ministry of Economics. China is classified in the usual way as a “competitor, partner and systemic rival”. Unlike in the EU, “partner” is not at the front. But the text is initially dominated by the emphasis on China as an indispensable sales market.
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