"German Government Pushes for China 'De-Risking' as Businesses Hesitate"

The German government is urging companies to "de-risk" from China, but many businesses, particularly in the manufacturing sector, are hesitant to sever ties with the world's largest market. While some companies have experienced difficulties with Chinese suppliers, others, like Pfeifer Group, believe that avoiding contact with China is impossible and that understanding China's approach is crucial. Despite political rhetoric, German businesses continue to expand in China, and there is a disconnect between the government's stance on de-risking and the actions of entrepreneurs who have long dealt with risk in business.