"The German government sees this as progress and we welcome it," Lindner said. "China is a difficult partner to talk to but we need China at the table for the solution of debt problems, because otherwise we won't see any progress," Lindner said.
China is by far the largest creditor for many highly indebted countries in Africa and Asia, and has been repeatedly pressed to make concessions to speed debt restructuring.
Regarding trade relations with China, the German finance minister said that diversification was necessary to avoid risks, but not decoupling.
"Decoupling, even in the short term, cannot be in the interest of the German economy and the fragmentation of the global economy as a whole cannot be in anyone's interest," Lindner said.
French President Emmanuel Macron provoked a backlash in the United States and Europe when he called on the European Union to reduce dependence on the U.S. "It is clear to me that the U.S. and the EU are close allies and partners in their values," Lindner said.
In the case of critical infrastructure and the protection of
intellectual property, Lindner said transactions with China
should be evaluated on a case-by-case basis.
(Reporting by Christian Kraemer, writing by Maria Martinez;
Editing by Rachel More, Friederike Heine and Christina Fincher)
