Scholz Pledges to End Germany’s Over-Reliance on China, Russia

Chancellor Olaf Scholz doubled down on his government’s promise to end Germany’s “one-sided dependence” on Russia and China for energy and trade, part of a sweeping rethink of the nation’s commercial ties triggered by the war on Ukraine.

“The price of sitting on our hands would be incomparably higher,” Scholz said Wednesday in a speech to the lower house of parliament in Berlin. “That is why we are putting an end to the failures of an energy and trade policy that has led us into one-sided dependence on Russia or China in particular.”