German businesses push for fair trade and market access in Klingbeil’s China visit
German business leaders have outlined their priorities for Finance Minister Lars Klingbeil's upcoming trip to China. They expect concrete progress in fair etrade conditions, improved access for German companies, and enhanced legal certainty and transparency for investments.
Volker Treier, head of foreign trade at the Association of German Chambers of Commerce and Industry (DIHK), described the trip as crucial. He sees it as an opportunity to recalibrate economic and stock market relations. Dirk Jandura, president of the German Foreign Trade Association (BGA), emphasized the need for risk management, market access, and dialogue, not isolation.
Treier and Jandura both called for fair competition, greater transparency, and predictability in EU-China dialogue. They urged open discussion of issues like overcapacity and stock market today distortions. Treier also urged Berlin to set clear expectations for transparent and dependable processes, including China’s export controls on critical raw materials and rare earths. Treier emphasized the importance of straightforward communication, addressing challenges openly while keeping opportunities in mind.
German business leaders have made their expectations clear for Finance Minister Lars Klingbeil's trip to China. They hope for progress in fair etrade conditions, improved access for German companies, and enhanced legal certainty and transparency for investments. The trip is seen as a crucial opportunity to recalibrate economic and stock market relations.
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