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BEIJING – German Chancellor Olaf Scholz arrived in China on Sunday on a visit focused on the increasingly tense economic relationship between the sides and differences over Russia´s invasion of Ukraine.
German companies such as BMW and Volkswagen are highly reliant on the Chinese market, but Beijing’s support for Russia creates frictions with the West. Despite that, China remained Germany’s top trading partner for the eighth straight year in 2023, with 254.1 billion euros in goods and services exchanged between the sides, slightly more than what Germany traded with the U.S. but a 15.5% contraction from the year before. German exports to China totaled 97.3 billion euros , according to Germany’s Federal Statistical Office, although figures have varied depending on exchange rate fluctuations and rounding of numbers.
After visiting a hydrogen motor production facility run by German firm Bosch, Scholz toured the city with young architects and was to go on a boat cruise on the famed Yangtze River, one of two mighty waterways that partly surround the city perched on overlooking cliffs.
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