Luxembourg and China are to strengthen their financial ties. The pledge was made at meetings between Chinese Vice-Premier Ma Kai, Luxembourg's Grand Duke Henri and Prime Minister Xavier Bettel. Ma sees Luxembourg as a trustworthy partner in the European Union. In an interview with German newspaper Frankfurter Allgemeine Sonntagszeitung, Xi said that he wanted to deepen cooperation on economic issues such as trade and investment, but also "security issues" like climate change.
Luxembourg and China are to strengthen their financial ties. The pledge was made at meetings between Chinese Vice-Premier Ma Kai, Luxembourg's Grand Duke Henri and Prime Minister Xavier Bettel. Ma sees Luxembourg as a trustworthy partner in the European Union. Luxembourg hosts the European headquarters or branches of major Chinese banks, which has enhanced the country's position in the worldwide financial market, said Henri, adding that Luxembourg would like to be a gateway for China's cooperation with Europe.