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Germany's Merkel Meets Chinese Premier Amid Trade Worries

China recognizes European concerns about overcapacity in its steel sector, but believes that is a symptom of the falloff in global demand, Chinese Premier Li Keqiang said Monday. Speaking to visiting German Chancellor Angela Merkel, Li appeared eager to counter criticisms that a glut of Chinese steel exports is overwhelming producers in overseas markets including Germany, Britain and the United States. “We don't deny that there are many difficulties between Germany and China, for...

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