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EU must reduce risks in China relations without cutting ties - Scholz
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2023-05-09 16:49
BERLIN The European Union should reduce risks in its relations with China as Beijing is becoming increasingly assertive

BERLIN The European Union should reduce risks in its relations with China as Beijing is becoming increasingly assertive in competing with the 27-nation bloc, German Chancellor Olaf Scholz said on Tuesday.

"Rivalry and competition on China's part have increased without a doubt," Scholz told lawmakers in a speech at the European Parliament in Strasbourg, according to prepared remarks.

"The EU is aware of this development and is reacting accordingly. I agree with (European Commission President) Ursula von der Leyen: We should not aim for a de-coupling, but a smart de-risking."

(Reporting by Sabine Siebold, Editing by Friederike Heine)