Chinese Premier Tells German CEOs to Take Lead on De-Risking

  • Li Qiang is making first trip abroad since becoming premier
  • China is engaging business leaders as political ties fray
China’s Li Qiang Urges German CEOs to Lead De-risking
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Chinese Premier Li Qiang called for “de-risking” decisions to be taken by companies rather than governments during a trip to Germany that’s designed to stabilize ties with the European economic powerhouse.

“Enterprises have the most direct and acute sense of risks and they know how to avoid and handle them,” Li told representatives from about a dozen German companies in Berlin on Monday afternoon, according to the official Xinhua News Agency. “So, enterprises should be given back the leadership role in preventing risks.”