Finance
German foreign minister to discuss rare earths, steel in China visit
Published by Global Banking & Finance Review®
Posted on December 8, 2025
2 min readLast updated: January 20, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on December 8, 2025
2 min readLast updated: January 20, 2026
Germany's foreign minister visits China to address trade issues like rare earths and steel, amid rising tensions with Beijing.
FRANKFURT, Dec 7 (Reuters) - Germany's foreign minister plans to tackle critical issues such as rare earths and steel during an upcoming trip to China, he said on Sunday, highlighting the challenge for Berlin in dealing with what is both its top trading partner and major rival.
Johann Wadephul is scheduled to travel to China for his first visit on Monday, at a time when trade tensions between Brussels and Beijing are intensifying, particularly in the fields of chips, minerals, steel and electric vehicles.
"Trade restrictions, particularly on rare earths, are just as much a cause for concern for our companies as overcapacity in electromobility and steel," Wadephul said in remarks prepared ahead of his trip.
"I will address these issues, which are so central to the German economy," he added, also urging China to use its influence over Russia in efforts to bring peace to Ukraine.
TRIP WAS POSTPONED
Wadephul was initially scheduled to travel to China in October, but his visit was postponed because Beijing had only confirmed one of the meetings he requested.
"In times of growing international tensions and geopolitical upheaval, direct, intensive exchange with China is necessary, indeed indispensable," Wadephul said.
"It is clear that many questions are not easy to answer and that our perspectives sometimes differ greatly. But it is equally clear that freedom, security and prosperity in Germany and Europe are closely linked to China."
Recent restrictions on Chinese supplies of rare earths and semiconductors have highlighted Europe's dependence in these key areas, as well as the fact that the continent has so far failed to localise supply of strategic components.
In addition, imports of low-cost steel from Asia have pummelled local industry in efforts to decarbonise, causing Brussels to introduce quotas to better protect struggling steelmakers.
(Reporting by Christoph Steitz and Alexander Ratz; Editing by David Holmes)
Rare earths are a group of 17 elements used in various high-tech applications, including electronics, renewable energy technologies, and military equipment.
Steel overcapacity occurs when the production of steel exceeds the demand, leading to lower prices and financial strain on steel manufacturers.
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