Headlines
German banks, insurers to accompany minister to China, source says
Published by Global Banking and Finance Review
Posted on November 12, 2025
1 min readLast updated: January 21, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on November 12, 2025
1 min readLast updated: January 21, 2026
German Finance Minister Lars Klingbeil leads banks and insurers to China, marking a significant step in financial relations.
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.
The delegation will include banks like Commerzbank and Deutsche Bank and insurance companies like Allianz and Ergo, the source said.
Stock exchange operator Deutsche Boerse and state lender KfW will also be part of the delegation, according to the source.
The finance ministry did not immediately respond to a request for comment.
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)
A financial delegation is a group of representatives from financial institutions, such as banks and insurance companies, who travel to engage in discussions, negotiations, or partnerships with counterparts in another country.
International capital refers to funds that are invested across national borders, often used for investment in foreign markets, businesses, or assets.
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