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  • German Economic Minister Advocates Cooperation with China Amidst Competitive Pressures

    Daily Monitor May 28, 2026

    German Economic Minister Advocates Cooperation with China Amidst Competitive Pressures

    During her visit to China, German Economic Minister Katherina Reiche emphasized the importance of cooperation over confrontation, seeking to balance fair competition with maintaining strong trade relations.

    Reiche met with Chinese Commerce Minister Wang Wentao to discuss the significant economic ties between Germany and China, which amount to a trade volume of €250 billion. Despite the challenges posed by increasing competition from Chinese firms and restricted market access for German companies, Reiche advocated for a collaborative approach that benefits both nations. Accompanied by a delegation of 35 German business leaders, she underscored the need for a unified European stance on trade issues with China, as several EU countries call for a more assertive trade policy.


    For journalistic integrity, this report was summarized from: tagesschau.de

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