Dax CEOs criticize Scholz trip

Olaf Scholz’s first trip as chancellor to Beijing immediately after the Communist Party Congress is apparently also highly controversial among Dax companies. „Taking the economy with him is a totally stupid idea,“ the German daily Frankfurter Allgemeine Zeitung (FAZ) quotes an unnamed Dax company as saying. The chancellor must speak frankly in Beijing about China’s support for Putin, the Taiwan conflict and Xi Jinping’s disastrous zero-Covid policy, which has completely sealed off the country and isolated it internationally since the outbreak of the pandemic, the article said. „What are the corporate leaders supposed to do about it?“