Germany — Page 29

Location · 1267 published stories · 231 outlets · All places

Europe wants a new Plaza Accord for China – seriously?

German Chancellor Friedrich Merz has described the Chinese yuan as undervalued by 30 percent and criticized Beijing’s subsidies and export practices, citing pressure on European manufacturers. The remarks come as G7 leaders stopped short of a public joint plan on China-related economic issues, according to reporting from the South China Morning Post. Trade figures show a large Chinese surplus and rising shipments to Germany.

1 outlet · 2 articles Jun 26