German Chancellor Olaf Scholz said that Europe must move its trade relations away from China, in what he described as “smart de-risking”. The uneasy relationship between Europe and China has come under renewed scrutiny this week with the visit of Foreign Minister Qin Gang. “Rivalry and competition on the side of China have certainly increased,” Mr. Scholz said in a speech to the European Parliament in Strasbourg.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

India to sign trade deal with United States in March, says Minister

India and the US expect to sign a formal trade deal in…

Chinese company gifts shoes worth Rs38m to Pakistan’s flood victims

A Chinese company on Sunday gifted sports shoes worth Rs38 million to…

Israeli attack near hospital in Lebanon’s Tyre kills one person, injures 17 others: State media

An Israeli air attack has hit a residential building located near a…

Hajj sermon: Muslims urged to forge unity

Sheikh Maher Al Muaiqly, an imam at the Grand Mosque in Makkah,…