FRANKFURT — Mercedes-Benz CEO Ola Kallenius spoke out in opposition to distancing from China, saying it was “completely inconceivable” to jot down off the nation.
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 international locations bitter.
Kallenius 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.
“To again away from China as a result of one thing would possibly occur could be the flawed course,” Kallenius at an occasion at Berlin’s ESMT enterprise college on Monday.