Monday , Oct. 7, 2024, 3:57 p.m.
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World / Mon, 15 Apr 2024 Bloomberg

German Leader Scholz Warns China Over Dumping, Overcapacity Echoing US

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 told Bloomberg Terminal an audience of university students on Monday in Shanghai, on the second leg of his four-day trip to the Asian nation.

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 told Bloomberg Terminal an audience of university students on Monday in Shanghai, on the second leg of his four-day trip to the Asian nation.

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