German Chancellor Olaf Scholz plans to visit China around Nov. 3-4 in an attempt to balance business interests and the issue of human rights violations, Bloomberg reported, citing sources.

This will be Scholz's first visit to China as Germany's leader since taking office in December, and the chancellor will use talks in Beijing to also seek clarification on China's dual role in the Ukrainian conflict, a source said.

In a separate trip to Asia, Scholz plans to visit Vietnam and Singapore with a large business delegation around Nov. 12-14 and then travel to the G-20 leaders' summit in Bali, Indonesia, Nov. 15-16, where the conflict in Ukraine is likely to take center stage.

Scholz's travel plans are part of a broader effort to change Germany's strategy in the Asia-Pacific region, which could heighten tensions with Chinese President Xi Jinping. But the chancellor has made it a priority to meet with Xi to improve relations. Despite the differences, Scholz is convinced that Europe needs China as a partner in the international fight against climate change.

The German government is working to hone a new national strategy toward China aimed at reducing dependence on the world's second-largest economy, diversifying supply chains and improving security.

Speaking at a business conference in Berlin, Scholz defended his approach to China. Globalization has been a success story that has brought prosperity to many people, Scholz said.

The chancellor added that his government seeks to diversify business ties.