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Merkel, Xi Agree to Work on Steel Overcapacity Within G-20

by Reuters

   BERLIN --

   German Chancellor Angela Merkel and Chinese President Xi Jinping on
   Saturday discussed overcapacity in world steel markets and agreed to
   work on
   solutions within the framework of the Group of 20 industrialized
   nations, Merkel's spokesman said.

   The two leaders emphasized close ties between the two countries, which
   are both facing planned U.S. steel and aluminum tariffs, and agreed to
   deepen the strategic partnership between them, Steffen Seibert said in
   a statement.

   He said Merkel invited Chinese officials to visit Berlin for
   consultations, and Xi invited Merkel to visit China.

   They also discussed the situation in North Korea regarding its nuclear
   and missile development efforts.