"We have very specific concerns regarding our cooperation, which we want to improve and make fair, said Merz, in an acknowledgement of the strain faced by Germany's manufacturing sector from Chinese competition."
"China and Germany, as two of the world's largest economies and major countries with important influence, should strengthen our confidence in cooperation, jointly safeguard multilateralism and free trade, and strive to build a more just and fair global governance system, Li said."
"We share responsibility in the world, and we should live up to that responsibility together, Merz said, adding there was great potential for further growth and that open channels of communication were essential."
German Chancellor Friedrich Merz conducted his inaugural visit to China, meeting Premier Li Qiang to reset trade relations and strengthen cooperation. Merz emphasized Germany's desire to build on decades-old economic ties while ensuring fair cooperation and open communication, acknowledging strain on Germany's manufacturing sector from Chinese competition. Li called for both nations to safeguard multilateralism and free trade amid global trade tensions. Both sides signed agreements on climate change and food security. Merz highlighted shared global responsibility and announced upcoming ministerial visits. The visit included a large delegation of German business executives, reflecting importance for both Europe's economic leader and the world's second-largest economy.
#germany-china-trade-relations #fair-trade-cooperation #multilateralism-and-free-trade #manufacturing-competition #international-economic-diplomacy
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