Germany's Scholz arrives in China on a visit marked by trade tensions and Ukraine conflict
BEIJING (AP) — German Chancellor Olaf Scholz arrived in China on Sunday on a visit focused on the increasingly tense economic relationship between the sides and differences over Russia’s invasion of Ukraine.
Scholz’s first destination was the industrial hub of Chongqing, where he and his delegation of ministers and business leaders were to visit a partially German-funded company and other sites in the vast city, which is a production base for China’s auto and other industries.
Scholz is also scheduled to visit the financial hub of Shanghai during his three-day visit, before traveling to the capital, Beijing, to meet with Chinese leader Xi Jinping and Premier Li Qiang.
German companies such as BMW and Volkswagen are highly reliant on the Chinese market, even as Beijing’s support for Russia creates frictions with the West.
Germany’s economy has benefited from China’s demand for investment and manufactured items from cars to chemicals, but those ties have frayed amid increasing competition from Chinese companies and tightened regulations. Political interference has also been blamed for a sharp drop in foreign investment.
Related articles
Kendall Jenner puts on a cheeky display in flesh
Kendall Jenner put on a cheeky display at Stagecoach over the weekend. The 28-year-old model, who en2024-05-01Roundup: Africa Climate Summit highlights urgency of green transition amid financing bottlenecks
NAIROBI, Sept. 9 (Xinhua) -- The just-concluded Africa Climate Summit, held this week in the Kenyan2024-05-01- Malaysia installed a new king on Wednesday, with Sultan Ibrahim Sultan Iskandar starting his reign a2024-05-01
Flying Tigers veteran visits Great Wall in Beijing
US Flying Tigers veteran Harry Moyer (third from left), who is 102, visits the Great Wall in Beijing2024-05-01In unusual push, funders band together to get out grants around election work 'early'
A small portion of the billions spent around the November election will go to nonprofits working to2024-05-01Airshow China kicks off in port city Zhuhai
GUANGZHOU, Nov. 8 (Xinhua) -- The 14th China International Aviation and Aerospace Exhibition, also k2024-05-01
atest comment