Scholz Wraps Up China Visit: Trade Talks, Auto Pact, and Market Access Deals
April 16, 2024German Chancellor Olaf Scholz's visit to China culminated in discussions on trade and economic cooperation with President Xi Jinping and Premier Li Qiang.
President Xi advocated for free trade and globalization while defending China's production capabilities.
Chancellor Scholz pushed for better operating conditions for German firms in China and questioned trade barriers.
The visit resulted in agreements enhancing the German-Chinese partnership in the automotive sector, including recycling and automated driving technology.
China consented to allow imports of German apples and beef, with negotiations on pork imports still underway.
Chinese media's extensive coverage of the visit underscores China's intent to improve relations with Western nations for economic growth.
Despite underlying tensions about market overcapacity, the visit is seen as pivotal for maintaining geopolitical stability and global peace.
Summary based on 44 sources
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Sources
The New York Times • Apr 16, 2024
Why Germany Can’t Break Up With ChinaThe New York Times • Apr 16, 2024
Germany’s Leader, Olaf Scholz, Walks a Fine Line in ChinaYahoo News • Apr 16, 2024
Germany's Scholz meets China's Xi in Beijing for talksYahoo News • Apr 16, 2024
Germany's Scholz and China's President Xi call for closer cooperation