Monday, May 27, 2013

Chinese Premier Li Sees ‘Dream Team’ with Germany

China is ready to open up new sectors of its economy to German investors, Chinese Premier Li Keqiang said on Monday, in comments that highlight Beijing’s drive for a special bilateral partnership with Berlin bypassing the EU.


“If we both come together in an ideal and optimal way, a dream team will emerge,” Li told representatives of German business during a visit to Berlin, his first to a European Union capital since becoming premier in March.


Li urged closer cooperation in manufacturing — an area where German firms increasingly see China as a competitor as it moves up the value chain — and he singled out logistics, education and healthcare as sectors for German investment.


“China is willing to open up this space preferentially to Germany,” said Li, an economist, without elaborating.


CNBC



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