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BBCNEWS BBC News June 4, 2024 22:20:00

china is still germany s biggest trading partner. so are you concerned about china s response to this strategy? well, as i ve said, they also are keen to continue to export to the european single market. they might be not very satisfied, but they should be now in all transparency where we stand. and i think it s only fair to our chinese counterparts to make these statements, we are also open for cooperation, especially when it comes to global common goods like global health and the protection of our climate there. we need to promote cooperation because china is a rising economic power and should be part of all the global efforts to protect our climate. and one final question, mr schmid. the us government here in washington has taken a sharper tone towards china, and it is focused on moving manufacturing and production back to the us. do you think germany is aligned with its allies,

BBCNEWS BBC News June 4, 2024 22:18:00

is a strong and innovative single market and we are really competitive. 0ur companies are competitive and we need to strengthen the hand of our companies in this global competition. i want to ask you specifically about trade and the economy, because on the one hand, germany wants to reduce dependence on critical technologies but german car companies sell about a third of their vehicles in china. and in april, the chemicals company basf announced their plans to spend 10 euros billion on a new chemical production complex there. and their chief executive martin bruderm ller said the following at the company s earnings conference, quote, without the business in china, the necessary restructuring here in germany would not be so possible, namelyjust one investment in europe where we could make money . so the question, mr schmid, is germany at this point just too dependent on china to be able to de risk? well, it s an interdependency. china is also very much dependent on the european single

BBCNEWS BBC News June 4, 2024 22:22:00

mr schmid, thank you very much forjoining us on bbc news. thank you. republican new york congressman george santos raised over 130,000 dollars in the second quarter of 2023. however? his campaign used most of that money to repay the embattle congressman back for a personal loan he reportedly made to his 2020 congressional bid. the campaign reports it paid santos 85 thousand dollars ? more than 60 percent of the money it raised between april and june this year. india has launched its third mission to the moon aiming to land a craft on the lunar surface, and to establish itself as a leading player in space exploration. the lander is due to reach the moon around 23rd august. 0ur india correspondent arunoday mukharji watched blast off, from the island of sri harikota in the bay of bengal. india, aiming for

BBCNEWS BBC News June 4, 2024 22:16:00

to discuss all of that, i spoke with the foreign policy spokesperson to the foreign policy spokesperson to the alive schultz party. mr schmid, thank you very much forjoining us on bbc news. when your party formed a government in 2021, it made very clear that china strategy was a top priority and this strategy has just been released. what took so long? well, it was the first time that the federal government proposed a whole of government approach on china. so it took some time to bring together all the relevant ministries. and we have even a more ambitious project, which is to encompass also municipal and state level actors and civil society. so, for the first time, this is a really comprehensive china strategy, and it s rather detailed. so there are lots of positive recommendations in this strategy. that s why it took some time.

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