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Europe is strategically reassessing its global economic partnerships to safeguard its industrial base. The focus is on strengthening the internal EU market while actively seeking new alliances with regions like India and Latin America to diversify dependencies and foster growth.
German Chancellor Friedrich Merz concluded a significant visit to China, aiming to reset bilateral ties amidst global tensions. The trip focused on trade imbalances, China's support for Russia, and the burgeoning EV market, with mixed signals on potential concessions.
German Chancellor Olaf Scholz is in Beijing for crucial talks with President Xi Jinping, aiming to balance economic interdependence with geopolitical concerns. Germany seeks to address trade imbalances and fair competition while China eyes market access and strengthening its role in global trade.
