Friedrich Merz urges China’s Xi Jinping to reset trade relations
German chancellor calls on Beijing to appreciate currency, cut subsidies and reduce industrial ‘overcapacity’
German chancellor calls on Beijing to appreciate currency, cut subsidies and reduce industrial ‘overcapacity’

The German chancellor will arrive in Beijing with a markedly tougher trade stance than his predecessors

Resolving serious trade imbalances will require co-operation and co-ordinated action

Chancellor says higher tariffs, reduced quotas and preferential procurement are needed to shield struggling industry

German chancellor says ‘now is not the time to lecture our allies’, hoping to mollify US president on Ukraine and trade

Europe has nothing to offer and difficult decisions to make

Chinese policymakers are finally getting serious about boosting consumption