US and China reach a deal to slash sky-high tariffs for now
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With 'international order changing profoundly', Friedrich Merz says China's relations with Russia are an area of 'great concern' Germany's new chancellor, Friedrich Merz, said on Wednesday that his country's ties with China are being "shaped by systemic rivalry and power politics",
Philippine defence secretary Gilberto Teodoro and German counterpart Boris Pistorius signed an "arrangement concerning defence cooperation" in Berlin on Wednesday, agreeing to expand cooperation to include cyber security, defence armament and logistics and United Nations peacekeeping, Manila's defence ministry announced on Thursday.
Chinese companies initiated 199 FDI projects in Germany last year. Among all source countries, China ranked No.3, the Xinhua News Agency reported on Monday. Thomas Bozoyan, a GTAI expert and the report's author,
BERLIN - Germany's new Chancellor Friedrich Merz on Wednesday urged the West not to be divided on Ukraine and vowed to provide the financial means needed to build Germany's conventional army up into Europe's strongest.
German companies are becoming increasingly dependent on China. This could become a serious problem for Germany's industrial sector – and may even trigger conflicts with the federal government.
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Interaksyon on MSNWest PH Sea: Germany, Philippines sign defense agreementGermany, Philippines to boost defense ties as Manila builds alliances to strengthen stance vs China in the West Philippine Sea dispute.
European stocks closed higher on Friday as investors look forward to the U.S.-China trade talks set to begin this weekend in Switzerland.
President Donald Trump’s agreement with China to temporarily slash tariffs for 90 days offered the world a bit of welcome relief.
But even building cars in America looks expensive compared with producing them in China, where the labor cost per vehicle comes in at only $585. In some cases, making a car in Germany costs as much as $7,800 more than it would in China, according to the same report.