China Warns France, Germany Against 'Protectionist' Trade Tools
Beijing said dialogue, not protectionism, should address trade frictions as EU leaders seek faster powers to respond to trade aggression.
- On Monday, French President Emmanuel Macron and German Chancellor Friedrich Merz proposed empowering the European Commission to respond to trade aggression, including cutting market access "if needed."
- The leaders argued "we need a credible instrument" for swift action, as the European Commission faces rising concerns over its trade deficit with China, which Brussels claims is damaging key European sectors.
- Under the proposal, the European Commission could act against trade aggression without approval from the 27 European countries, though a weighted majority of states could still block the measure.
- Beijing's foreign ministry responded on Tuesday, calling the economic relationship "mutually beneficial" while urging Paris and Berlin to "refrain from encouraging the EU to resort to protectionist tools at every turn."
- European trade commissioner Maros Sefcovic will head to Beijing soon to address trade frictions, as ministry spokesman Guo Jiakun urged the European Commission to "jointly maintain the stability and smooth operation of global industrial and supply chains.
35 Articles
35 Articles
China has urged Germany and France not to push the European Union into protectionist measures after the two countries proposed new tools to counter unfair trade practices by third countries. Beijing made the criticism ahead of a new round of talks between the European Union and China on strained economic relations. “Protectionism cannot enhance competitiveness. Separating and disrupting supply chains will harm others without benefiting one’s own…
Statements were made after the European Commission accepted a proposal from France and Germany for new instruments to protect against unfair commercial practices in third countries.
In a statement released on Tuesday night, September 6, a spokesman for the Chinese Ministry of Commerce stated that the Asian giant "always argued that interdependence is not a risk, that convergence of interests is not a threat and that openness and cooperation are the right path to development".
China criticises the push of Chancellor Friedrich Merz and President Emmanuel Macron for new EU protection instruments. The demand exacerbates the trade dispute before talks in Beijing.
Beijing, Oct 7 (EFE).- China urged France and Germany on Tuesday not to push the European Union (EU) towards protectionism and not to "politicize" economic and trade issues, days after it transcended a Franco-German proposal to strengthen the bloc's trade defence instruments against Beijing. In a statement [...] China urges France and Germany not to push the European Union towards protectionism was first published in HolaNews.
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