Story perspectives

Li Renames China Shock to Opportunity; Merz Demands Rate Talks

6/25/2026

Summary

Story summary

Premier Li Qiang told a Dalian forum to rename “China Shock 2.0” as “China Opportunity 2.0.”
Li said China’s competitiveness stems from hard work, a 1.4 billion-person market and supply chains, cited Huawei and Unitree as firms succeeding despite Western restrictions, and noted a $1.2 trillion trade surplus as exports grew.
German Chancellor Friedrich Merz urged EU exchange-rate talks, citing a trade deficit with China and up to 30% currency undervaluation.

1 of 1

Story summary

Premier Li Qiang told a Dalian forum to rename “China Shock 2.0” as “China Opportunity 2.0.”
Li said China’s competitiveness stems from hard work, a 1.4 billion-person market and supply chains, cited Huawei and Unitree as firms succeeding despite Western restrictions, and noted a $1.2 trillion trade surplus as exports grew.
German Chancellor Friedrich Merz urged EU exchange-rate talks, citing a trade deficit with China and up to 30% currency undervaluation.