As German leaders are about to start Asia, the German government has adjusted the policy to promote direct investment in foreign countries to avoid excessive dependence on China.
According to Bloomberg report, a document of the Ministry of Economic Affairs of Germany shows that "the current geopolitical situation is clearly showing that it is necessary to strengthen diversification, especially export -oriented countries like Germany."
The German government has been using guarantee measures for decades to provide guarantees for German companies to invest in overseas investment, so that it exempts the impact of non -market risks such as exemption and capital control.
The adjustment of the German Prime Minister Tsurtz was approved by the German Prime Minister, which set up the guarantee limit of each company in a single country was 3 billion euros (about S $ 4.27 billion), except for strategic importance.
This policy adjustment was proposed by German Economic Minister Habeck.Habeck from the Green Party has led the German government to criticize China's economic policy.
Habeck will attend the German Business Asia -Pacific Conference in Singapore on Friday.Souls will go to Vietnam for a state visit, and then participate in the Leadership Summit of the G20 (G20) Leadership Summit in Bali Island, Indonesia. It stopped Singapore on Monday.
Germany is seeking to reduce its dependence on the Chinese economy.The German government has the most foreign investment guarantee for investment in Russia, followed by China. In June this year, Berlin rejected Volkswagen's business risk guarantee for the first time on the grounds of human rights issues.
