Overview
- Departing Sunday for Beijing, the finance chief will hold a German‑Chinese financial dialogue on the macroeconomic outlook, multilateral cooperation, rule‑based trade, raw materials, and the war in Ukraine.
- The trip is the first by a minister from the new coalition after Foreign Minister Johann Wadephul canceled his late‑October visit when Beijing offered only a single meeting.
- Klingbeil is traveling with representatives of major banks and insurers, will meet German companies in Shanghai on Wednesday, and plans subsequent meetings in Singapore on Thursday.
- The Finance Ministry says Germany is "not naive" and will press concerns over Chinese overcapacity, market barriers, and reliance on critical inputs such as rare earths, with an emphasis on EU coordination.
- On Taiwan, Klingbeil warned that any military action would change how China is viewed in Berlin, signaling caution without escalatory rhetoric.