Merkel Presses China on Investment Rules as Li Says No Trade War
- Trade talks amid German angst over China’s bid for robot maker
- Merkel chooses words to limit conflict on trip to Beijing
Angela Merkel and Li Keqiang at the Summer Palace in Beijing.
Photographer: Rainer Jensen/picture-alliance/dpa/AP PhotoThis article is for subscribers only.
German Chancellor Angela Merkel and Chinese Prime Minister Li Keqiang sought to limit conflict over trade during talks overshadowed by angst in Germany about a Chinese company’s 4.6 billion-euro ($5.2 billion) bid for robot maker Kuka AG.
“We don’t want a trade war,” Li told reporters in Beijing on Monday after the two leaders presided over the signing of business deals valued at about 2.7 billion euros ($3 billion), including agreements between Daimler AG and BAIC Motor Corporation Ltd. as well as Airbus Group SE’s German helicopter unit and China Aviation Supplies Holding Co.