Germany hews EU’s tough China line with call for ‘Plaza Accord’ talks on yuan
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Relevance
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Freshness
25/25
Authority
18/20
Brand Signal
14/15
Depth
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5-Axis Cultural Radar
German Chancellor Friedrich Merz signalled a major shift in Berlin’s economic relations with Beijing on Friday, saying the Chinese currency was undervalued by 30 per cent, well above the International Monetary Fund’s estimate of “about 16 per cent”. Speaking in Brussels after a European Council summit, Merz said China was “flooding markets” through the use of “high subsidies”, adding that “subsidi
