German Leader Warns China on Overcapacity, Echoing US Gripes

  • China says concerns over dumping are based on ‘fake news’
  • German leader to meet China’s Xi Jinping in Beijing on Tuesday
Olaf Scholz arrives at Shanghai airport on April 15.

Photographer: Michael Kappeler/dpa/AP Photo

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German Chancellor Olaf Scholz warned Chinese officials to address overcapacity and treat foreign firms better, reinforcing criticisms delivered by the US Treasury Secretary in Beijing last week.

“Competition must be fair,” Scholz toldBloomberg Terminal an audience of university students on Monday in Shanghai, on the second leg of his four-day trip to the Asian nation.