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6/12, 10:04 AM (Source: TeleTrader)
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CDU's AKK: China's rise systemic challenge for Europe, US

Chairwoman of Germany's ruling Christian Democratic Union (CDU) party, Annegret Kramp-Karrenbauer, stated on Wednesday that the rise of China poses a "systemic challenge" for Europe and the United States, and called for increasing defense spending to "protect citizens."

Germany should "find common ground" with the United States on China policy, Angela Merkel's successor stressed. On the other hand, the question of "fair burden sharing" is very important when it comes to relations with Washington, she added.

Speaking more generally, Kramp-Karrenbauer believes Berlin should protect free trade and multilateralism and underlined there is a lot of "homework" to do on these issues.

Breaking the News / NI