Germany’s Merz seeks business opportunities in Chinese tech hub

German Chancellor Friedrich Merz is visiting Hangzhou, a major tech hub in China, accompanied by business leaders seeking contracts. Merz aims to strengthen Germany’s economic ties with China, which has become Germany’s largest trading partner, while addressing trade imbalances highlighted by a record deficit of 89 billion euros last year. Discussions with Chinese leaders included agreements for Airbus aircraft purchases and calls for peaceful resolutions regarding Taiwan and the Ukraine conflict.

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