Federal Finance Minister Lars Klingbeil said during his visit to China insists on reliable access to vital raw materials for German companies. Competition with the People’s Republic must be conducted under fair conditions, Klingbeil said at a meeting with Vice Premier He Lifeng, who is in charge of finance, in Beijing. There is a need for reciprocal access to markets, including financial markets, with reliable framework conditions for both parties.
Klingaxe wants to campaign for fair economic competition at the German-Chinese financial dialogue in Beijing. “We seek dialogue with China to find solutions to pressing problems despite rising international tensions,” the Vice Chancellor explained before his departure. “We coordinate closely with the federal government and also with the European Union. We advocate rules-based markets and global economic stability.”
China must influence Russia
Klingbeil also called on the Chinese government to do more to end Russia’s war of aggression against the Chinese government than before. Ukraine to use. He firmly believes “that China can play a decisive role in this,” he said on the sidelines of the meeting. The war in Ukraine, among other things, is a destabilizing factor in global economic development.
The Vice Chancellor and leader of the SPD was the first representative of the black and red parties Federal Governmentwho traveled to China. He will be there until Wednesday. Klingbeil will be accompanied by representatives from the financial and insurance sectors.
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