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The dependence of German industry on foreign suppliers has slightly increased since 2020 despite mounting calls for greater resilience following the coronavirus pandemic, according to a new study published on Wednesday. The study carried out by the Prognos Institute on behalf of the Bavarian Business Association found that, despite growing risks, direct import dependence has remained mostly unchanged with a slight increase in most sectors. According to the study, China is Germany’s most important source of primary products and components across all sectors, followed by the US and France. In te…

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