China

Germany plans to invest approximately EUR 1 bln in raw materials projects to lessen dependence on countries like China for critical minerals. This initiative, spurred by recent global supply chain disruptions and geopolitical tensions, aims to secure long-term access to essential resources for high-tech and green projects. KfW declined to comment on the plans. The lender is expected to make a statement about its role in managing the project at its annual news conference next week on Feb 7.