Beijing auto show - China lifting shareholding limits for car companies
Chinese media noted the 'coincidence' between what they called de facto German protectionism and EU-US moves this week to avert a trade war. Meanwhile, some in Germany want a tougher trade stance on China.
The Chinese yuan has been on a losing streak in recent days, drawing fresh ire from US President Trump who accuses Beijing of deliberately depreciating the yuan to boost its exports and undercut American competitiveness.
China and Germany drew closer together at the recent inter-governmental summit in Berlin but considerable differences still separate the two nations, says DW’s Frank Sieren.
Trump's decision to reimpose a range of economic sanctions on Tehran puts German and EU firms in a tough spot. It seems that their plans for doing business in Iran have to be shelved.
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