It’s confirmed. 
Lufthansa has become the latest European airline to announce cuts to its China network, amid weakening demand, heightened costs and strong competition from local airlines. First reported by Aeroroutes, as of end-October, Lufthansa will be suspending flights entirely on its Frankfurt to Beijing route, leaving Munich as the only hub with links to the Chinese capital. It is worth noting that while these cuts to mainland China are significant, Lufthansa also offers flights from Frankfurt and Munich to Shanghai.