Trade Cases
March 18, 2018
China and Germany to Work on Steel Overcapacity Within G20
Written by Sandy Williams
China and German have agreed to work together to find solutions for steel overcapacity within the framework of the G20 group of nations.
In a phone call on Saturday, German Chancellor Angela Merkel and Chinese President Xi Jingping discussed the importance of multilateral cooperation in global trade and the need for the two countries to become “advocates for new-type international relations.” The agreement was in response to the shift by the current U.S. administration toward protectionism.
