A hostile Washington is creating openings for a reset – but deep-seated issues remain, analyst says
“We can have deeper joint technology development, shared research platforms and broader results sharing, while encouraging companies to explore third-country markets together,” he added, according to state-run news agency Xinhua on Wednesday.
Analysts said Berlin was adopting a more pragmatic approach as US-China competition intensified, with countries caught between the two superpowers needing to rethink diplomatic relations with Beijing.
“I would characterise his approach towards China as pragmatic rather than purely conciliatory. It is anchored in a shifting geoeconomic and geopolitical reality where Germany must juggle multiple disruptive forces,” said Alfredo Montufar-Helu, managing director at Ankura China Advisors.