Mercedes CEO: 'absolutely inconceivable' to write off China

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<p><span class="caps">FRANKFURT</span> – Mercedes-Benz Chief Government Ola Källenius on Monday spoke out towards distancing oneself from China, saying it was “completely inconceivable” to put in writing off the nation.</p>
<p>The feedback got here days after German Chancellor Olaf Scholz led a delegation of enterprise leaders to China, urging German corporations to diversify ought to the connection between the 2 nations bitter.</p>
<p>Källenius, talking at an occasion at Berlin’s <span class="caps">ESMT</span> enterprise college, mentioned he was deeply satisfied of the advantages of globalization and that it was completely proper for Scholz to be the primary Western chief to go to President Xi Jinping lately after his time period extension.</p>
<p>“To again away from China as a result of one thing would possibly occur can be the incorrect path,” Källenius mentioned. </p>
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