Chancellor Scholz balances trade and politics in China

German Chancellor Olaf Scholz arrives in China to strengthen economic ties with Berlin’s largest trading partner.

His friendly overtures toward China risk sparking ire among Washington and EU partners, which have been pushing back against Beijing’s heavy subsidies for industries. Scholz told journalists on Friday, “China remains a really important economic partner,” adding that he would try to level the playing field for German companies in China.

Western allies, stung by painful supply chain disruptions during the health crisis as well as by China’s refusal to distance itself from Russia despite Moscow’s invasion of Ukraine, had been scrambling to reduce their reliance on Beijing.

پاکستان تازہ ترین خبریں, پاکستان عنوانات

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