Germany's Scholz arrives in China on a visit marked by trade tensions and Ukraine conflict
Time:2024-05-22 01:44:47 Source:sportViews(143)
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.
Previous:IF starring Ryan Reynolds lands at the top of a lackluster box office with less
Next:'The Apprentice,' about a young Donald Trump, premieres in Cannes
You may also like
- Bella Hadid goes braless in a thigh
- Israel Gaza: Netanyahu vows to press ahead with Rafah offensive
- Open fires banned in Hawke's Bay
- NZ defence officials began pitching the benefits of joining AUKUS months ago
- Candice Swanepoel stuns in a form
- Work to begin on Nelson road badly damaged in 2022 floods
- New Zealand reassessing proposed overhaul of Antarctic base
- Israel frees two hostages, Palestinian TV says 74 killed in assault
- Biden says Brown v. Board of Education ruling was about more than education