German politicians and businessmen are in a dilemma as to whether to rely on the Chinese market.

German politics and business are at odds over whether or not to rely on the Chinese market, causing a lot of debate in Germany.

According to Deutsche Welle, senior German government officials warned at the German Asia-Pacific Conference on October 19 that the economy must reduce its dependence on the Chinese market.

German Chancellor Angela Merkel pointed out that German exports are too dependent on China. In her analysis, she said that German exports to East Asia account for 75% of all Asian exports, half of which are to China, and stressed that there should be more market opportunities in the Asia-Pacific region. German Economy Minister Altmeyer agreed that Germany’s supply chain should be more diversified.

Kaisa, President of Siemens AG and Chairman of the Asia-Pacific Council of the German Economy, suggested that Vietnam and Indonesia could be alternatives to China.

But Daimler Chairman Ola Källenius stressed at a business conference the same day that Daimler will continue to rely on China, the world’s largest auto market, for a long time.

Källenius pointed out that it would be a mistake to assume that car companies are overly dependent on China, which could be a missed opportunity for them.

Currently, China remains the largest market for Daimler’s Mercedes-Benz vehicles, with 700,000 new vehicles sold annually, more than double the number of vehicles sold in the United States, the second largest market.