Financial dialogue with China and multilaterally in Beijing

German banks should have it in China easier and Chinese in Germany - during the visit of the Minister of Finance Scholz, in Beijing, several agreements were signed. Both sides were emphasized multilaterally.

Germany and China to improve mutual market access for banks and insurance companies are clearly "contrary to the current Trends," as Federal Finance Minister, Olaf Scholz, said. The second German-Chinese financial dialogue, the agreement for cooperation between the banking regulators of both countries for more cooperation in the trading of securities, and for greater cooperation between the Central banks were signed in Beijing.

"German banks are not welcome here," said China's Vice Premier Liu He. Also, Germany should make the Chinese banks more easily: It was important that "over-regulation" for branches of Chinese banks in Germany tackle, said Liu. Both countries should be "a model" for a profitable cooperation.

U.S. President Trump and China's head of state Xi at a Meeting in November 2017. The trade conflict between the two countries is coming to a head for months.

the trade war with the United States was the topic of

In the year-ago period ongoing trade war with the United States had offered China to open up its closed financial market for services. The Expansion of the cooperation with Germany is also a Signal for the negotiations with the United States, to which Liu travel at the end of the month as chief negotiator to Washington.

the focus of the first visit to China by Scholz as Vice-Chancellor also ways of solution to this trade conflict, the impact on the German economy. US President, Donald Trump China threatens further massive punitive tariffs on Chinese imports to the value of around 200 billion dollars, if up to 1. March, is found no agreement.