Scholz Nixes State Control Of China Exports

The German government should not place all exports to China under supervision, German Chancellor Olaf Scholz said, Riham Alkousaa reported for Reuters.

Photo Insert: The European Commission said it will unveil possible measures, such as screening of outbound investments and export controls, to keep prized EU technology from countries such as China.

"We have now made a whole series of laws with which we can guarantee the security of our economy," Scholz said at an event hosted by the BDI industry association in Berlin.

“It is clear that we should not now subject the entire export process to an investigation by state authorities," he added.

The European Commission said it will unveil possible measures, such as screening of outbound investments and export controls, to keep prized EU technology from countries such as China and prevent it from being put to military use by rivals, the Associated Press (AP) also reported.

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