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Scholz's visit with 12 titans of industry in Beijing, Macron's warning: Germany risks isolation

2022-11-04 18:29:37Kosova&Bota SHKRUAR NGA REDAKSIA VOX
Scholz's visit with 12 titans of industry in Beijing, Macron's
Chinese President Xi and Chancellor Olaf Scholz

A day after receiving in Berlin the leaders of the Western Balkans, to whom he promised rapid integration into the European family to oppose the growing influence of Russia and China in the region, Chancellor Olaf Scholz traveled to Beijing, accompanied by a delegation of 12 titans of German industry, including Volkswagen and Deutsche Bank.

After sacrificing economic ties with Russia, due to the war in Ukraine, Germany conveys the clear message that; trade with the world's second largest economy, China, must continue. Scholz met with Chinese leader Xi Jinping, to whom he asked for economic relations with equality and reciprocity. While Beijing's number one, said that the two countries should deepen cooperation in the turbulent and changing times that the world is experiencing.

"It is a good thing that we will have an intensive exchange of views on a number of issues, including the possibility of deepening economic cooperation", said Scholz. "The current international situation is complex, with unprecedented risks and challenges. China and Germany, as two big countries with considerable influence, should continue cooperation and contribute to global peace and development," said Xi Jingping.

Scholz's visit, the first by a G7 leader to China in nearly three years, comes as Germany slips into recession. But it has fueled concerns that the interests of the largest economy of the European Union continue to be closely linked to those of Beijing, a country that has expressed boundless loyalty and friendship to Russia.

"We currently have over 5,000 German companies that are positioned and have invested in China, and over 50% of them have been in this market for more than 15 years," says Jens Hildebrandt, chairman of the German Chamber of Commerce in China. .

Fierce debate has erupted within the German government after it was revealed that a Chinese company is said to be buying a significant stake in part of the port of Hamburg. At least six ministers reacted angrily, claiming it would significantly increase Beijing's influence over critical German infrastructure. Even the country's security services have called for caution, but the German chancellor seems determined to push the deal forward.

Scholz's trip to China, announced but not coordinated with others in the EU, has shocked the whole of Europe. The French president, Emmanuel Macron, recently warned that the German chancellor was at risk of isolation. He has long been pushing for the EU to be a little under China's control.


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