BeijingThe EU’s 2025 deficit with China reached 360.6 billion euros.
European leaders want a stronger yuan to curb China’s record exports.
Germany’s Friedrich Merz calls the yuan 25% to 30% undervalued.
The central bank says the yuan has gained 23% on the dollar since 2005, to about 6.7.
EU trade chief Maroš Šefčovič is in Beijing to discuss narrowing the deficit.
How each outlet framed it
- Nikkei Asia
- reports China's $1.2 trillion trade surplus and PBOC rebuttal that EU blames China for domestic structural problems, not exchange rates
Sources: Nikkei Asia