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The German economy is more dependent on imported raw materials than ever before, a leading trade association warned on Monday. The Federation of German Industries (BDI) said Germany is highly reliant on countries including China for critical resources such as lithium. A suspension of Chinese lithium exports could cost the German economy around €115 billion ($122 billion) in revenue, representing around 15% of industrial output, according to the association. In a study presented in Berlin on Monday, the BDI said Germany’s automotive industry is particularly affected, as lithium is essential to …

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