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Germany can ignore anxious CEOs while setting China policy

Economic stakes are much lower than often portrayed

| Europe
German Chancellor Olaf Scholz poses with Chinese President Xi Jinping in Beijing in November 2022. (Pool via Reuters)

Max J. Zenglein is chief economist at the Mercator Institute for China Studies in Berlin.

Debate in Germany over formulating a new coherent and robust strategy toward China has been hampered by an inflated perception of how economically dependent Berlin is on its Asian trade partner and outdated perspectives about the demand for German products and services in China.

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