Caixin
Apr 16, 2024 04:02 AM
WORLD

German Leader Warns China on Overcapacity, Echoing US Gripes

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(Bloomberg) –German Chancellor Olaf Scholz warned Chinese officials to address overcapacity and treat foreign firms better, reinforcing criticisms delivered by the US Treasury Secretary in Beijing last week.

“Competition must be fair,” Scholz told an audience of university students on Monday in Shanghai, on the second leg of his four-day trip to the Asian nation.

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