GLOBEALERT
BUSINESSLOWJun 22 · Jun 22, 2026, 9:19 AM

China rejects trade criticism after Merz backs global yuan action

South China Morning Post

China pushed back against criticisms of its trade practices after the German chancellor became the latest world leader to voice complaints amid surging trade imbalances. “China never actively pursues a trade surplus,” Vice-Premier Ding Xuexiang said on Monday at the opening of a supply-chain expo in Beijing. “The greatest obstacle to China increasing its imports does not lie within itself, but rather with certain countries that abuse export controls.” German Chancellor Friedrich Merz on Friday...

GlobeAlert aggregates and classifies open sources; the story above belongs to its publisher. Summaries are machine-generated from the source text.

More in Business