German Minister Reiche Advocates for Improved Access to Rare Earths During China Visit
German Minister Reiche Advocates for Improved Access to Rare Earths During China Visit
During her visit to Beijing, German Federal Minister for Economic Affairs, Reiche, called for enhanced access to rare earth materials amid ongoing trade tensions between China and the United States.
Reiche emphasized the importance of fair trade practices and open dialogue between partners, highlighting the impact of China’s export restrictions on rare earths, which have significant implications for the export-driven German economy. In response to concerns over Chinese investments in Germany, she welcomed such investments, provided they are sustainable and innovation-driven. Chinese Minister Wang criticized recent EU trade protection measures, asserting they exhibit a ‘strongly protectionist character.’ With a trade volume of approximately 250 billion euros, China remains Germany’s largest trading partner.
For journalistic integrity, this report was summarized from: deutschlandfunk.de
