Summary
German Chancellor Friedrich Merz is visiting China to improve trade relations and cooperation between the two countries. He aims to ensure fair trade practices and open communication, while Chinese Premier Li Qiang emphasizes the importance of free trade and multilateral cooperation. Several agreements covering areas like climate change and food security were signed during the visit.
Key Facts
- Friedrich Merz, Germany's Chancellor, is on his first visit to China focused on trade.
- Merz aims to reset economic ties and ensure fair trade practices between Germany and China.
- China’s Premier Li Qiang highlighted the importance of working together to support free trade.
- Agreements on climate change and food security were signed during the visit.
- Germany is concerned about Chinese products affecting their markets due to price and subsidies.
- Germany’s imports from China increased significantly, while exports to China decreased.
- Merz is joined by a group of German business leaders, highlighting the economic focus of the trip.
- The visit includes meetings with Chinese President Xi Jinping and visits to German companies in China.
