Correct Answer : Olaf Scholz
German Chancellor "Olaf Scholz" will be visiting China on Friday(4th Nov 2022), becoming the first leader from the Group of Seven (G7) to land in China in about three years.
He is expected to meet with the Chinese leader Xi Jinping and Premier Li Keqiang in Beijing.
The visit comes in the backdrop of shortage of semiconductors across the world, after US banned the sale of advanced computer chips to China, escalating efforts to contain China’s tech and military ambitions.
The moves are designed to cut off supplies of critical technology to China that may be used across sectors including advanced computing and weapons manufacture.
Scholz is visiting China with a team of top executives implying that business with the world’s second-largest economy must continue.
The visit — the first by a G7 leader to China in roughly three years — comes as Germany slides towards recession. But it has fired up concerns that the economic interests of Europe’s biggest economy are still too closely tied to those of Beijing.
Joining Scholz is a delegation of
12 German industry titans, including the
CEOs of
Volkswagen (VLKAF),
Deutsche Bank (DB),
Siemens (SIEGY) and chemicals giant
BASF (BASFY), according to a person familiar with the matter. They are set to meet with Chinese companies behind closed doors..
Source : The Print
