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Fortune
Fortune
Peter Vanham, Chloe Taylor

The U.S. and the EU have converged on 'de-risking' from China

(Credit: MANDEL NGAN—AFP via Getty Images)

Good morning, Peter Vanham here in Geneva, filling in for Alan.

It’s the chronicle of a death foretold: Germany, Europe’s largest economy, entered a recession yesterday. The recession was widely expected, but beneath its surface lies a major dilemma for the German economy: to “de-risk” or depend on China, that’s the question.

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