BMW CEO: German Auto Manufacturer Needs China for Global Competition
According to Reuters, BMW Chief Executive Oliver Zipse warned on Thursday that ignoring the world's largest car market, China, would endanger future economic success and said that cooperation with Beijing is crucial.
Next week, German Chancellor Scholz is about to embark on his first visit to China, and Zipse will join as a member of the business delegation. This visit is closely watched because it will reveal how Europe's largest economy defines its relationship with its largest trading partner.
The report pointed out that previously, British Prime Minister Starmer also visited China last month. This indicates that, in the context of U.S. President Trump's global trade war, European countries are seeking to deepen or revitalize their commercial relations with China.
"Complex global challenges can only be solved through cooperation. The prime minister's visit to China sends a strong signal of dialogue and cooperation," Zipse said. "Those who ignore China's huge market and innovative potential are missing significant opportunities for global growth and economic success."
Scholz said late on Wednesday that he would seek to establish a "strategic partnership" during the visit.
According to insiders, the CEOs of Volkswagen and Mercedes-Benz will also accompany Scholz on the visit to China.
Original: toutiao.com/article/1857625649619968/
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