Xi tells Germany’s Scholz co-operation not a ‘risk’ amid EU trade tension

“LARGE Business”

Scholz has traveled to major cities like southwest Chongqing, where he visited the hydrogen fuel cell flower of German automaker Bosch.

He was joined by senior European professionals, such as Ola Kallenius, president of Mercedes-Benz, and Oliver Zipse, deputy executive of BMW, underlining the importance of the Chinese market to Europe’s largest business.

Kallenius told European broadcaster Ell in Beijing on Tuesday that economic ties between the two countries should be strengthened.

” Withdrawing from such a huge industry is not an option, but quite strengthening our place,” he said about the bank’s strategy in China.

BMW’s Zipse expressed a comparable perspective on China, Germany’s biggest trading partner.

” We actually see more possibilities than hazards,” he told the ARD reports program Tagesschau.

China and Germany have “huge possible” for cooperation, according to Xi, according to Scholz, in both well-established fields like automotive manufacturing and automotive.

Regarding the Ukraine crisis, Xi demanded that all functions work together to end the conflict as soon as possible and prevent it from gaining any momentum.

China supports holding an international harmony conference attended by both Russia and Ukraine with equal participation from all events, according to Xi in a statement to Scholz.