Marcel Fratzscher wants an America that keeps its open borders, engages in free trade and believes in international democracy.
German Chancellor Angela Merkel has met Japanese Prime Minister Shinzo Abe, to toast a new free trade deal between Japan and the EU. The pair were also expected to address nuclear arms control.
The Asia-Pacific Conference of German Business is the flagship event in the region for the promotion of economic relations between Germany and Asia. This year the conference takes place in Jakarta.
German Chancellor Angela Merkel has rebuked the "America First" approach to free trade of US President Donald Trump. Meeting in Brussels, European and Asian leaders have pledged to create "win-win" situations.
The German chancellor called on attendees of the World Economic Forum in Davos to remain committed to global institutions but to be open to compromise. She also said that Germany's recent political instability was over.
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