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Klingbeil Secures Chinese Assurances on Critical Materials in High-Level Beijing Talks

The visit highlighted Germany’s bid to lock in key inputs alongside a drive for broader supply diversification.

Overview

  • Vice-Chancellor Lars Klingbeil met for hours with Vice-Premier He Lifeng in Beijing during the German‑Chinese finance dialogue, with China signaling interest in steadier economic engagement.
  • Klingbeil said Beijing gave clear pledges of reliable access to rare earths and other critical inputs, while he pressed for fairer market conditions and raised concerns over industrial overcapacity.
  • He emphasized that Germany will still cut exposure by diversifying suppliers, citing partners such as Canada, and he floated potential EU measures to shield markets if needed.
  • The minister told Chinese counterparts that threats toward Taiwan are a serious concern and warned a military escalation would fundamentally alter Europe’s view of China.
  • Berlin’s delegation used special ‘anti‑spy’ phones and kept personal devices locked away, as the trip drew criticism at home over diplomatic optics following the foreign minister’s canceled visit.