Asia

China’s Xi tells Germany’s Scholz to seek ‘common ground’

The visit by Scholz has taken him to big Chinese cities including Shanghai and Chongqing.

He was joined by Germany’s top corporate officials such as Ola Kallenius, chairman of Mercedes-Benz, and Oliver Zipse, chief executive of BMW, underlining the importance of the Chinese market to Europe’s largest economy.

The Sino-German economic relationship should not only be cultivated but expanded, Mercedes-Benz Chairman Kallenius told German broadcaster ARD in Beijing on Tuesday.

“Withdrawing from such a large market is not an alternative, but rather strengthening our position,” he said on his company’s strategy in China.

BMW’s Zipse expressed a similar view on China, Germany’s biggest trading partner.

“We actually see more opportunities than risks,” he told the ARD news programme Tagesschau. 

Source: CNA

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