Bundesbank Urges Europe to Toughen Economic Stance Toward China

The Occidental Star
Oct 19
1 min read

Germany’s Bundesbank President Joachim Nagel called for a more “assertive and coordinated” European response to China’s industrial and export policies.

Speaking in Frankfurt, Nagel warned that state subsidies and rare-earth controls from Beijing could distort competition and weaken Europe’s manufacturing base.

He said the EU should diversify supply chains and deepen cooperation with the U.S. and like-minded partners to reduce dependency on Chinese critical materials.

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