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German banks, insurers to accompany minister to China, source says
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German banks, insurers to accompany minister to China, source says
Nov 12, 2025 4:51 AM

BERLIN, Nov 12 (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)

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