Germany's leader and top CEOs are flying into Beijing. They need China more than ever | CNN Business

German Chancellor Olaf Scholz is heading to China with a team of top executives and is expected to meet with Chinese leader Xi Jinping and Premier Li Keqiang in Beijing.

German Chancellor Olaf Scholz will arrive in China on Friday with a team of top executives and a clear message: business with the world’s second largest economy must continue. In a whirlwind one-day visit, Scholz is expected to meet with Chinese leader Xi Jinping and Premier Li Keqiang in Beijing.

A spokesperson for Hamburger Hafen und Logistik , the company operating the port terminal, told CNN Business on Thursday that it was still negotiating the deal with Cosco. Flach, of the ifo Center for International Economics, said the deal warranted scrutiny because “there is no reciprocity: Germany cannot invest in Chinese ports, for instance.

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