A German think tank has warned Western firms not to be naive when doing business in China.
US President Donald Trump has called them the "highest sanctions ever imposed on a country." The announcement was made in a wide-ranging press conference with Australian PM Scott Morrison.
The protracted trade dispute between the US and China is affecting other countries as well, Merkel has told the Chinese premier. The German chancellor also stressed that a peaceful solution is needed for Hong Kong.
Facebook announced big plans to revolutionize payments in Europe with the launch of a virtual currency. But EU finance ministers see libra as a risk to monetary stability.
The German chancellor is a regular visitor to China. But amid economic and political unrest, her upcoming talks with the Chinese leadership are expected to be far from straightforward.
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