Scholz Wraps Up China Visit: Trade Talks, Auto Pact, and Market Access Deals

April 16, 2024
Scholz Wraps Up China Visit: Trade Talks, Auto Pact, and Market Access Deals
  • German 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

Why Germany Can’t Break Up With China

The New York Times • Apr 16, 2024

Why Germany Can’t Break Up With China

Germany’s Leader, Olaf Scholz, Walks a Fine Line in China



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