G7's China Investment Continues: Germany's Scholz
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2023-05-21 HKT 11:02
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Members of the Group of Seven rich nations will ensure big investments in China continue, Germany Chancellor Olaf Scholz said on Sunday.
G7 leaders are wrapping up a three-day summit in the Japanese city of Hiroshima, where they sent signals to Beijing over everything from semiconductors to lending practices.
But while they agreed to "de-risk", they said they would not "decouple" from China.
Speaking to German broadcaster ZDF on the sidelines of the Hiroshima summit, Scholz said big investments would still continue, as would supply chains and exports to China.
He said that while the countries wanted to limit their risk exposure, no one had an interest in curbing growth in China. (Reuters)
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