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EU does not want to decouple from China but must protect itself, says EU trade chief (www.cnbc.com)

submitted 2 years ago by CAVOK@lemmy.world to c/europe@feddit.de

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[–] MrMakabar@slrpnk.net 8 points 2 years ago

Just look at the strategic help the German government is giving to which industries. Currently it is basicly battery technology to protect against Chinese EVs, semiconductors for a similar reason and so forth. Fairly well targeted to reduce dependence on China. Obviously this is going to take years to really be done with, but it is happening.

At the same time the language is getting stronger and the German government has been warning companies from being too dependent on China. Most smaller ones are actually listening, but the big car makers are not and the current EV investigation is supported by the German government against the wishes of the German car industry. That might change, but thats the situation today.