Asia

TRADE TIES, TRUMP TENSIONSFor all the friction over Beijing’s support for Russia and its actions in the Indo-Pacific, and Berlin’s vocal criticism of China’s human rights record and state-subsidised industrial policy, the two countries remain bound by a vast and mutually advantageous commercial relationship.China bought US$95 billion worth of German goods last year, around 12 per cent of which were cars, Chinese data shows, putting it among the US$19 trillion economy’s top 10 trading partners. Germany purchased US$107 billion of Chinese goods, mostly chips and other electronic components.But Berlin stands out for China as an investment partner, having injected US$6.6…

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