German Chancellor: EU seeks a fair trade system governing relations with China
German Chancellor Friedrich Merz affirmed that the EU seeks a fair trade system with China, ruling out a trade war, and called for developing tools to address trade imbalances.
Translated by Qiyas from كونا — Original source
Berlin, October 21 (KUNA) — German Chancellor Friedrich Merz ruled out on Wednesday the outbreak of a trade war with China, affirming that the European Union seeks a fair trading system to govern its relationship with the Beijing government. Speaking at the opening of the 2026 Berlin International Dialogue Conference, Merz said that Beijing pursues policies that raise concerns among EU governments, including production surpluses, state support for Chinese economic sectors, and the maintenance of low currency valuations to bolster the export sector. Merz called on EU leaders to develop new tools to address trade imbalances, amid German and French moves to grant the bloc broader powers to protect its single market. He stressed Europe’s commitment to keeping its markets open to the world, noting that strengthening protective measures does not mean abandoning peaceful solutions. The two-day conference, which brings together 350 political, economic, and academic leaders from around the world, aims to discuss the future of the global economy and enhance international cooperation amid geopolitical tensions and rapid economic shifts. Under the theme “Strengthening Alliances for a New Era,” the event focuses on developing partnerships between governments and businesses, supporting economic growth, enhancing supply chain resilience, and promoting investment. The conference agenda includes discussions on geopolitical shifts, energy security, artificial intelligence, the future of European economic growth, and the role of economic alliances in bolstering international stability. (End) E.N.J./A.M.H.
