German chancellor urges Chinese industry bosses to play fair in EU market

  • 📰 GuardianAus
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 98%

Philippines News News

Philippines Philippines Latest News,Philippines Philippines Headlines

Olaf Scholz says European cars should have equal access to Chinese customers

has urged industry bosses in China to play fair by not overproducing cheap goods or infringing copyright rules.

With a focus on the automotive industry, Scholz said he expected Chinese cars to be widely available in“The only thing that always needs to be clear is that the competition is fair,” he said during a discussion with students at Tongji University in Shanghai. “That means there can be no dumping, no overproduction and that intellectual property rights are not violated,” he said.

His visit was the first since his government launched a “de-risking” strategy last July, aimed at ensuring Germany does not become too dependent on China’s economy, the world’s second largest. The move was in part a reaction to the experience during the pandemic, when Germany – just like the rest of Europe – was shown to be heavily dependent onIt also comes at a time when the German economy is more dependent upon China for manufactured goods than ever before.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in PH

Philippines Philippines Latest News, Philippines Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Chinese Investment in Australia Hits Two-Decade Low Amid Economic SlowdownChinese investment in Australia has reached its lowest level in almost two decades, excluding the pandemic years, and is expected to continue declining as the Chinese economy slows down. According to a report by KPMG and the University of Sydney, Chinese investment in Australia fell by 37% to $1.36 billion in 2021, marking the lowest level since 2006. The decline in Chinese investment is attributed to rising tensions between the two countries.
Source: theage - 🏆 8. / 77 Read more »