Mr Li Qiang said risk prevention and cooperation are “not mutually exclusive.” Read more at straitstimes.com.
to be taken by companies rather than governments during a trip to Germany that’s designed to stabilize ties with the European economic powerhouse.
Representatives from companies including Siemens Ltd, Volkswagen AG, Mercedes-Benz Group AG, BMW AG, Schaeffler AG, BASF SE, Covestro AG, Wacker Chemie AG, Merck KGaA, SAP and Allianz SE attended the meeting. China doesn’t see the difference between “de-risking” and “decoupling,” with Foreign Minister Qin Gang saying at a press conference in Germany in May: “If the EU seeks to decouple from China in the name of de-risking, it will decouple from opportunities, cooperation, stability and development.”
China is stepping up efforts to engage business leaders from nations that Beijing is sparring with on everything from trade to Taiwan. Chinese Premier Li Qiang with German President Frank-Walter Steinmeier at the presidential Bellevue Palace in Berlin, on June 19, 2023. PHOTO: AFP
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