Feb 24 • 17:52 UTC 🇬🇷 Greece Naftemporiki

Merz: New Trade Relationship with China - Basis on 'Fair Competition'

Germany seeks a trade relationship with China rooted in fair competition, according to Chancellor Friedrich Merz.

Chancellor Friedrich Merz of Germany has emphasized the nation's intent to forge a trade relationship with China that is open and based on 'fair' competition, coinciding with his upcoming visit to Beijing. He stated that healthy competition is welcome as long as it remains equitable, amidst growing protests in Europe regarding China's trade practices and its restrictions on the export of critical minerals. Merz has called for a balanced, reliable, regulated, and fair partnership with China, highlighting the importance of fairness in international trade.

Additionally, Merz addressed the ongoing war in Ukraine and pointed out that China possesses a 'significant opportunity' to influence Russia's actions. He underlined the necessity for collaborative efforts to navigate major crises and wars of the contemporary era, including the urgent goal of bringing an end to Russia's four-year aggression. This statement indicates Germany's strategic positioning and the hope for China to play a constructive role in resolving global conflicts.

Overall, this call for fair competition and collaboration reflects Germany's broader trade strategy aimed at balancing economic interests with international ethical considerations, particularly as voices in Europe grow louder against certain trade practices deemed harmful. The implications of these statements will be closely monitored as they unfold in the complex geopolitical landscape involving Europe, China, and Russia.

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