President of the German Federal Bank, Joachim Nagel, said on Friday at the "Berlin Global Dialogue" that he hopes Europe can overcome trade difficulties with China, but should also be prepared to take firm action when necessary. He stated that regarding the issue of retaliation, "in the end, it must be decided by politics what direction we are going to take." He pointed out that retaliation may not be the right strategy, and a better approach is to reach some kind of agreement and mutual understanding on how to manage the entire situation. If retaliation is a last resort, it must be maintained firmly and decisively. He expressed hope that there is still some room for maneuver to handle relations with China in a spirit of cooperation, and there is still time. Several hours earlier, the German Foreign Minister, Annalena Baerbock, had just announced the cancellation of her first visit to China scheduled to start two days later.
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Original article: www.toutiao.com/article/1847021301209098/
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