German chancellor expresses concerns over trade imbalance with China during first visit to Beijing
Scholz highlighted that Germany’s trade deficit with China has reached alarming levels, with imports from China significantly outpacing exports. In 2022, Germany’s imports from China totaled approximately €120 billion, while exports were around €80 billion, showcasing a troubling trend that could impact Germany’s economic stability and its manufacturing sector, making it crucial to analyze trade … Read more