China rejects trade criticism after German leader backs global yuan action

China on Monday pushed back against international criticism of its trade practices, with Vice-Premier Ding Xuexiang asserting that the nation does not actively seek trade surpluses. Speaking at the opening of a supply-chain expo in Beijing, Ding stated that the primary obstacle to China increasing its imports is not internal but rather the "abuse of export controls" by certain countries.

His remarks followed comments by German Chancellor Friedrich Merz, who had voiced complaints about surging trade imbalances. Merz's concerns placed him among a growing number of world leaders expressing unease over China's economic policies and their global impact. The expo itself, focused on supply chains, highlighted the interconnectedness of global trade and the potential disruptions caused by trade disputes.

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China never actively pursues a trade surplus.

The Chinese government's response signals a firm stance against what it perceives as protectionist measures, emphasizing its commitment to global trade while simultaneously defending its economic strategies. The ongoing dialogue, marked by both criticism and defense, underscores the complex dynamics of international trade relations in the current global economic climate.

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The greatest obstacle to China increasing its imports does not lie within itself, but rather with certain countries that abuse export controls.