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German Economy Minister started his China visit

German Economy Minister started his China visitGerman Economy Minister Sigmar Gabriel met China's trade minister for talks on the first day of a trip to Beijing, Reuters reported on Tuesday.

Prior to his trip with 60 business executives from Germany, Gabriel ratcheted up tensions with Beijing by putting the brakes on the latest Chinese takeovers of German technology companies.

Talks on Tuesday between Gabriel and Chinese Trade Minister Gao Hucheng overran, meaning the two ministers were not able to give the opening speeches at a German-Chinese Economic Committee, German officials said.

"I don't see that as an affront. That won't put too much of a burden on German-Chinese relations," German state secretary Matthias Machnig said of Gabriel's no-show for his speech.

Gabriel and Gao held good talks "in a very good atmosphere", Machnig said. Later on Tuesday, Gabriel is due to meet Chinese Premier Li Keqiang.

Gabriel's trip comes a week after his ministry withdrew approval for Fujian Grand Chip Investment Fund (FGC) to buy chip equipment maker Aixtron, citing new security concerns.

The government is also scrutinizing the sale of Osram's general lighting lamps business Ledvance to a consortium of Chinese buyers.
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