German Chancellor Friedrich Merz announced from China that a large order from Beijing for European aircraft manufacturer Airbus is being implemented.
"We have just received news that the Chinese leadership will order a significant number of additional aircraft from Airbus," Merz said on Wednesday in Beijing.
“There will be a total of up to 120 additional aircraft ordered from Airbus.” There is also the possibility of contracts for a number of other German companies, but these have not yet been finalized.
The Chancellor did not give details. "We have other contracts in the pipeline that will be completed," he stressed.
Merz is accompanied by a 30-member business delegation. The Chancellor stressed that Germany always sees itself as part of the European Union and that in some cases it can only make decisions within this framework. "For example, we can and want to present all issues of monetary and trade policy only together," the Chancellor said.
Merz pointed out that the trade deficit between Germany and China currently stands at more than 80 billion euros. "This has quadrupled since 2020, that is, in five years. This dynamic is not healthy." He said that is why he had spoken with the Chinese leadership about ways to reduce this deficit.
"The deficit between Germany and China is currently over 80 billion euros. Since 2020, this has quadrupled within five years. This dynamic is not healthy. Therefore, we are addressing it and want to open up ways to reduce this trade deficit at our own expense," Merz said.
Merz arrived in Beijing this morning (local time) for his first visit to China during his term in office. Premier Li Qiang welcomed him with military honors at the Great Hall of the People. That Merz is paying such strong attention to the partnership with the country on this trip would have been unthinkable just a few months ago. About a year ago, during his election campaign, he had described China, along with Russia, as part of a “revanchist, illiberal axis” that needed to be watched out for.
Merz then met with Chinese President Xi Jinping. During the meeting, Merz announced the resumption of German-Chinese government consultations. "I would like to build on this tradition," Merz said. The government consultations were initiated in 2011 under Angela Merkel and were last held in 2023. "There is a great opportunity for us to develop a good personal relationship," Merz told Xi in Beijing.
"We want to further strengthen our partnership. This is possible in many areas. However, we will of course also protect our interests. This applies to both sides. We want to resolve difficulties through open dialogue, treat them confidentially and treat each other with respect. We are doing this in close consultation with our European partners. I am very convinced after today: this is a good path for German-Chinese relations, both in the coming months and in the coming years," said Merz.
Xi Jinping declared that an unprecedented transformation was taking place, a century-long one. He also mentioned the "epochal change" that Merz himself had spoken of. The more chaotic the world becomes, the more communication and strategic trust between China and Germany must be strengthened, he stressed. He always attaches great importance to bilateral relations with Germany. Federal President Frank-Walter Steinmeier is "a good friend." Merz and Premier Li also signed five government agreements. Among other things, the two sides agreed to continue their cooperation in the fight against climate change.