BERLIN (Reuters) -A small delegation of representatives of German banks and insurance companies will travel to China next week with Finance Minister Lars Klingbeil, a source familiar with the matter
German Finance Minister Leads Delegation of Banks and Insurers to China
Overview of the Delegation's Visit to China
BERLIN (Reuters) -A small delegation of representatives of German banks and insurance companies will travel to China next week with Finance Minister Lars Klingbeil, a source familiar with the matter told Reuters on Wednesday.
Key Participants in the Delegation
The delegation will include banks like Commerzbank and Deutsche Bank and insurance companies like Allianz and Ergo, the source said.
Significance of the Visit
Stock exchange operator Deutsche Boerse and state lender KfW will also be part of the delegation, according to the source.
Impact on German-China Relations
The finance ministry did not immediately respond to a request for comment.
Expected Outcomes
Klingbeil will be the first minister of the new coalition in Berlin to visit China after Foreign Minister Johann Wadephul postponed his trip, planned for the end of October, after Beijing confirmed only one of his requested meetings.
(Reporting by Rene Wagner, writing by Maria Martinez, editing by Thomas Seythal)
