Why Germany Is Turning to Vietnam and Southeast Asia to Reduce Its China Dependence

Germany is courting Vietnam and Southeast Asia to reduce its reliance on China for trade and rare earths. Can this new Asia strategy really work?

Nov 14, 2022

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cars and motorcycles on road during daytime — Photo by Josh Stewart on Unsplash

The Story

Olaf Scholz is currently touring South East Asia, where he wants to open up new markets for German industry and thus reduce dependencies on China.

Yesterday he was in the Vietnamese capital, Hanoi. Today he’s taking part in a German economic conference in Singapore: Tomorrow he’s off to the G20 summit on the Ind…

Why Germany Is Turning to Vietnam and Southeast Asia to Reduce Its China Dependence

Germany is courting Vietnam and Southeast Asia to reduce its reliance on China for trade and rare earths. Can this new Asia strategy really work?

The Story

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