Recession in Germany and Chancellor Scholz’s visit to China! First visit of a leader of a G7 country to Beijing in three years – न्यूज़लीड India

Recession in Germany and Chancellor Scholz’s visit to China! First visit of a leader of a G7 country to Beijing in three years


The economic interests of Germany and Europe are related to China

Let us tell you that this is the first visit to China in the last three years by a leader of the Group of Seven Major Industrialized Countries (G7) of the world. Many meanings of this are coming out. As Germany is going through a recession right now, it is a matter of great concern for the world. That’s because the economic interests of Europe’s largest economy, Germany, are still closely tied to those of Beijing.

Recession in Germany and Chancellor's visit to China

Recession in Germany and Chancellor’s visit to China

German Chancellor Olaf Scholz arrived in Beijing today where he met Chinese leader Xi Jinping at the Great Hall of the People. At the same time, Prime Minister Li Keqiang gave him a warm welcome. The German Chancellor arrived in China along with a delegation of 12 German industrialists as part of a one-day visit. The group of 12 industrialists included the CEOs of Volkswagen (Volkswagen-VLKAF), Deutsche Bank (Deutsche Bank-DB), Siemens (SIEGY) and chemical giant BASF (BASFY). Experts say that all these businessmen are expected to hold important business-related talks with Chinese companies.

President Xi and Chancellor Scholz meeting

President Xi and Chancellor Scholz meeting

According to Chinese state media CCTV, President Xi Jinping and German Chancellor Olaf Scholz attended an important meeting. Xi Jinping called on Germany and China to work together in the midst of international turmoil and complex problems. He said that this visit of Olaf Scholz will further strengthen the mutual understanding and trust between the two countries. Xi expressed the hope that practical cooperation in various fields between the two countries will be promoted and new plans will be formulated.

Semiconductor shortage around the world

Semiconductor shortage around the world

Let us tell you that this journey of Scholz is taking place at a time when there is a shortage of semiconductors across the world. The entire industry is in trouble due to US sanctions imposed on China for semiconductor exports. It is also true that the US sanctions are causing huge losses to the companies of America and its allies. The US took this step with the intention of curbing China’s technology and military ambitions. Explain that, semiconductors are used in electronics, auto mobiles, state-of-the-art defense equipment.

China warmly welcomes Germany

China warmly welcomes Germany

For information, let us tell you that China warmly welcomed Germany here. The German Chancellor and his delegation, who arrived in Beijing, have reached China without spending seven days in quarantine. However, the delegation from Germany was tested for COVID-19 at the Beijing International Airport. All the medical teams were also seen greeting the German Chancellor. Let us tell you that Chinese Foreign Ministry spokesman Chao Lichien said in Beijing on November 1, that this year marks the 50th anniversary of the establishment of diplomatic relations between China and Germany. The current visit is the first visit by a European leader to China since the Corona period. This is also his first visit to China after Scholz became chancellor.

America is not made with China and Russia, Germany cannot run without China!

America is not made with China and Russia, Germany cannot run without China!

On 24 February, the war between Russia and Ukraine forced Germany to give up its reliance on Russian energy. Now regarding the visit of the German Chancellor to China, there are some leaders in the coalition government who are unable to digest Germany’s relations with China. They are panicking. At the same time, Beijing had said that there is no limit to its friendship with Russia. At the same time, relations between China and Russia have deteriorated with America. In such a situation, only time will decide how much America is going to be affected by the German Chancellor’s visit to China. At present, China and Germany are joining the race to set new records of trade between this building relationship.

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