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Klingbeil Opens First China Visit by New German Government With Finance Talks in Beijing

The mission marks the coalition’s first cabinet-level contact with Beijing since the foreign minister’s trip was postponed.

Overview

  • The finance minister and vice chancellor travels to Beijing on Sunday to lead the GermanChinese financial dialogue, a government‑level exchange on the macroeconomic outlook and cooperation in multilateral forums.
  • Berlin says the agenda includes rule‑based trade, access to raw materials and the war in Ukraine, with the goal of conveying German interests to Chinese counterparts.
  • Klingbeil is accompanied by representatives of Germany’s finance industry and will continue to Shanghai for meetings with German companies before heading to Singapore on Thursday.
  • The visit follows Foreign Minister Johann Wadephul’s late‑October cancellation after Beijing offered only a single meeting with Wang Yi, a move that drew attention to tensions over Taiwan policy.
  • German officials highlight close coordination with the chancellery, the foreign office and EU partners as concerns grow over dependencies on rare earths, pharmaceutical inputs and batteries, while the Bundestag has set up an expert commission to review China ties and sensitive investments.