Feb 26 β€’ 08:15 UTC 🌍 Africa Africanews

Merz tours Forbidden City during key China trade discussions

German Chancellor Friedrich Merz visited the Forbidden City as part of his official trip to China, addressing key trade and global tension discussions.

German Chancellor Friedrich Merz's official visit to China included a symbolic tour of the Forbidden City, emphasizing the importance of balanced and reliable trade partnerships between Germany, Europe, and China. During his discussions, Merz highlighted the necessity for European leaders to seek investment opportunities from Chinese companies while also advocating for measures to reduce industrial overcapacity, particularly in critical sectors like electric vehicles and solar panels. This visit is crucial as it occurs amidst increased US tariffs, prompting China to seek stronger partnerships with European nations.

Merz's remarks indicated a concern over Germany's growing trade deficit with China, which he referred to as an unhealthy trend that needs addressing. By fostering a cooperative relationship, Merz hopes to ensure that both parties can benefit from trade without compromising on stability and fairness. The discussions are set against a backdrop of broader geopolitical tensions, including the implications of the war in Ukraine, which Merz stated could not be resolved without China's active participation.

This trip underscores the delicate balance that Germany and Europe wish to achieve in navigating their economic ties with China, especially in light of the increasing pressures from the US. With the global economic landscape continually shifting, it is crucial for Europe to establish a strategy that safeguards its interests while maintaining cooperative relations with China.

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