HANGZHOU, China, Feb 26 (Reuters) - German Chancellor Friedrich Merz said he had held successful talks with Chinese President Xi Jinping and his prime minister but challenges including Chinese
Merz Ends First China Visit, Says Challenges on Competition Persist
Meetings with Xi and the Premier
Trade and Competition Takeaways from Merz's China Trip
HANGZHOU, China, Feb 26 (Reuters) - German Chancellor Friedrich Merz said he had held successful talks with Chinese President Xi Jinping and his prime minister but challenges including Chinese overcapacity remained to be worked out between the countries.
Implications for European Markets
Concerns Over Chinese Overcapacity
"Above all, there are issues relating to competition - China has high capacities, some of which are now also posing a problem for Europe because they far exceed market demand," he said in Hangzhou at the end of his inaugural visit to China.
Follow-Up: Economy Minister's Visit
"We will have to discuss this in detail after my visit," he said, adding that he would ask Economy Minister Katherina Reiche to also visit China.
Reporting and Editing Credits
(Reporting by Andreas Rinke, Writing by Friederike HeineEditing by Ludwig Burger)
