Germany presents long-awaited strategy on China, stresses economic security  - The Hindu

The German government, under the leadership of Chancellor Olaf Scholz, presented a long-awaited strategy outlining its approach to relations with China. The strategy acknowledges a “systemic rivalry” with China while emphasizing the need to mitigate economic dependencies and foster cooperation on key global challenges like climate change.

The 64-page document, which received approval from Chancellor Scholz’s Cabinet, builds upon Germany’s first national security strategy released a month ago. This comprehensive China strategy was a key commitment made by Scholz’s three-party coalition upon assuming office in late 2021.

Recognizing the complex nature of the relationship with China, Germany’s strategy acknowledges the existence of a systemic rivalry between the two nations. It highlights the importance of striking a balance between competition and cooperation, particularly in areas of shared interest such as climate change and trade relations.

Economic security emerges as a focal point in Germany’s China strategy. The document highlights the risks associated with economic dependencies and underscores the need to reduce such vulnerabilities. Germany aims to diversify its economic ties and promote resilience to ensure its own stability and safeguard against potential coercion or undue influence.

Despite acknowledging the rivalry, the strategy also recognizes the importance of cooperation with China on global challenges. Climate change stands out as a key area where Germany seeks to collaborate with Beijing, understanding that effective international action requires the involvement of major powers like China. The strategy signals Germany’s intention to engage in dialogue and partnership with China to address climate-related issues and pursue sustainable development goals.

Trade relations remain a significant aspect of Germany’s approach to China. The strategy emphasizes the importance of maintaining trade ties while advocating for fair competition and reciprocity. Germany seeks to ensure that trade and economic cooperation are conducted on a level playing field, with a focus on protecting its own economic interests and safeguarding the principles of fairness and transparency.

The release of Germany’s comprehensive China strategy reflects the country’s commitment to navigate the complexities of the relationship with China in a pragmatic and strategic manner. By addressing economic security concerns, fostering cooperation on global challenges, and advocating for fair trade practices, Germany aims to strike a delicate balance between rivalry and collaboration.

As Germany’s approach to China evolves, the strategy serves as a roadmap for future engagement and a foundation for shaping policies that align with Germany’s national interests. It underscores the significance of a well-defined and comprehensive strategy in managing the multifaceted dynamics of the Germany-China relationship.

In conclusion, Germany’s long-awaited strategy on China reflects its acknowledgment of a systemic rivalry while emphasizing the need to mitigate economic dependencies and pursue cooperation on key global challenges. By prioritizing economic security, fostering collaboration on climate change, and advocating for fair trade practices, Germany aims to strike a balance between rivalry and cooperation in its approach to China.