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Germany plans stricter China trade rules
German Finance Minister Lars Klingbeil announced his country's intention to impose stricter trade measures against China, including forcing Chinese companies to enter joint ventures to access the European market and imposing additional tariffs on hybrid cars, in order to protect national industries and counter unfair trading practices. These measures are part of a governmental effort to adopt a tougher stance towards Beijing and implement greater protectionist policies. The actions also include expanding these measures across the European Union, along with calls to achieve economic balance and reduce geopolitical tensions that hinder growth.
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