German Chancellor Friedrich Merz visited Hangzhou on the second day of his inaugural trip to China, leading a business delegation to explore contracts with tech firms including Siemens Energy and Alibaba. Merz sought to deepen economic ties with China, Germany's largest trading partner, while addressing a record 89 billion euro trade deficit and securing agreements including a Chinese purchase of up to 120 Airbus aircraft.
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German Chancellor Friedrich Merz visited Hangzhou on the second day of his inaugural trip to China, leading a business delegation to explore contracts with tech firms including Siemens Energy and Alibaba. Merz sought to deepen economic ties with China, Germany's largest trading partner, while addressing a record 89 billion euro trade deficit and securing agreements including a Chinese purchase of up to 120 Airbus aircraft.