Reported 11 months ago
During his visit to China, German Minister of Economic Affairs Habeck was involved in negotiations between the EU and China regarding tariffs on Chinese electric cars. While seen as a success, experts believe Habeck cannot address the fundamental issues. China is facing economic difficulties, and increasing exports to overcome the crisis requires other countries to purchase their products, which the US and Europe are reluctant to do. Habeck's agenda was to maintain positive relations with China for German businesses, despite concerns about unfair competition and lack of transparency in China's economy. The trip also aimed to mitigate political risks stemming from conflicts such as the Ukraine war, showcasing differing stances between German Chancellor Scholz and Habeck. Despite not meeting with Chinese Premier Li Keqiang, readjusted schedules were cited, potentially influenced by Habeck's and the Green Party's criticism of Beijing.
Source: YAHOO