German economy reliant on imported raw materials
This is a Germany news story, published by Yahoo Finance, that relates primarily to The Federation of German Industries news.
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lithium productsDPA International
•German economy too dependent on imported raw materials, study warns
72% Informative
German economy is more dependent on imported raw materials than ever before, leading trade association warns.
The Federation of German Industries said Germany is highly reliant on countries including China for critical resources such as lithium.
A suspension of Chinese lithium exports could cost the German economy around $122 billion in revenue.
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