Germany drawing up new China trade policy, vows ‘no more naivety’


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German Economy and Climate Minister Robert Habeck speaks during the German Employers' Day of the Confederation of German Employers' Associations in Berlin on Sept. 13.MICHELE TANTUSSI/Reuters Germany’s economy minister said on Tuesday the government was working on a new trade policy with China to reduce dependence on Chinese raw materials, batteries and semiconductors, promising “no more naivety” in trade dealings with Beijing. Sources told Reuters last week the economy ministry was considering a raft of new measures to make business with China less attractive. This is the first time the minister has made clear the tougher line was being translated...