World: Germany — burned by overrelying on Russian gas — now vows to end dependence on trade with China

Exclusive: Ex-Russian spy flees to the NATO country that captured him, delivering another embarrassing blow to Moscow

  Exclusive: Ex-Russian spy flees to the NATO country that captured him, delivering another embarrassing blow to Moscow Exclusive: Ex-Russian spy flees to the NATO country that captured him, delivering another embarrassing blow to Moscow“They have absolutely no idea he is here. You can be the one to tell them.

German Chancelor Olaf Scholz and Chinese President Xi Jinping. Kay Nietfeld/AFP/Getty Images © Kay Nietfeld/AFP/Getty Images German Chancelor Olaf Scholz and Chinese President Xi Jinping. Kay Nietfeld/AFP/Getty Images
  • German leaders said the country wants to move away from relying on trade with China.
  • Germany's dependence on Russian gas is sparking a rethink of Berlin's foreign policy.
  • China has been Germany's largest trading partner for six straight years, per official statistics.

Germany is rethinking it's foreign policy — it has now vowed to move away from its dependence on China for trade, after being burned by overreliance on Russia for gas.

"We are doing away with the failings of an energy and trade policy that has led us into one-sided dependence on Russia and China, in particular," Chancellor Olaf Scholz told the told the Bundestag, the lower house of Germany's parliament, Reuters reported.

Where's Putin? Leader leaves bad news on Ukraine to others

  Where's Putin? Leader leaves bad news on Ukraine to others TALLINN, Estonia (AP) — When Russia's top military brass announced in a televised appearance that they were pulling troops out of the key city of Kherson in southern Ukraine, one man missing from the room was President Vladimir Putin. As Defense Minister Sergei Shoigu and Gen. Sergei Surovikin, Russia’s chief commander in Ukraine, stiffly recited the reasons for the retreat in front of the cameras on Nov. 9, Putin was touring a neurological hospital in Moscow, watching a doctor perform brain surgery. © Provided by The Associated Press FILE - In this handout photo taken from video released by Russian Defense Ministry Press Service on Wednesday, Nov.

Germany, an industrial powerhouse and Europe's biggest economy, is reliant on piped natural gas from Russia which accounts for 35% of the country's fuel imports. But Russia has halted natural-gas flows via a major pipeline, causing an energy crisis in Germany and beyond.

Europe's largest economy has since been diversifying away from Russian natural gas by importing liquefied natural gas from other countries and is racing to build more essential infrastructure to hasten the shift.

It has also learnt a lesson from its Russia policy.

"The mistake of dependence as with Russia will not happen again," Scholz said separately at a Tuesday forum organized by Sueddeutsche Zeitung media outlet, per Reuters.

On Tuesday, Robert Habeck, the country's economic minister, told a news conference in Paris that Berlin is planning to cut its dependence on China and will limit investment support for German companies doing business in China, the AFP reported. In particular, Berlin is working on a new trade policy with China to cut dependence on Chinese raw materials, batteries, and semiconductor chips, Reuters reported in September.

This could prove challenging for Scholz's administration, as China has been Germany's largest trading partner for six straight years, according to Berlin's statistics office.

In October, German businesses pushed back against an economy ministry proposal aimed at curbing investment into China, Reuters reported.

A top Senate Democrat warns that if Russia is behind the fatal strike in Poland then it's 'definitely an enlargement' of the Ukraine war and raises questions for NATO: report

  A top Senate Democrat warns that if Russia is behind the fatal strike in Poland then it's 'definitely an enlargement' of the Ukraine war and raises questions for NATO: report A US intelligence official told AP on Tuesday that Russian missiles hit Poland, a NATO member, and killed two people.Sen. Bob Menendez, chairman of the Senate Foreign Relations Committee, told Politico that he hoped Moscow would quickly clarify if the strike was unintentional because it could prompt a military response from Western allies given Poland's NATO membership.

"We can only warn against Germany turning away from China," said Markus Jerger, head of businesss alliance Mittelstand Association told Reuters at the time.

Russia's Gazprom threatens Europe gas cuts through Ukraine .
Russian energy giant Gazprom has threatened to reduce natural gas supplies through the last pipeline heading to Europe via Ukraine, saying the amount it's supplying for Moldova is not ending up in the former Soviet republic. Gazprom says the gas company of Europe's poorest country, Moldovagaz, paid for part of its November flows of gas under its contract. It added that nearly 25 million cubic meters has been supplied this month but not paid for. The Russian state-owned company tweeted that if “the imbalance observed during the transit of gas to the Moldovan consumers across Ukraine continues,” Gazprom “will start reducing its gas supplies" through Ukraine startin

See also