(San Dienton Perstera Comprehensive) The European Union shows that the European economy is capable of responding to any retaliation operations launched by Beijing to investigate China Electric Vehicle Subsidies.
EU Economic Commissioner Moronnie on Friday (September 15) in SantiaGo de Compostela, Santiadon, Spain, responded to China before attending the Euras District Finance Secretary.
Trinny told reporters that he was confident in the ability of European economy to deal with China's revenge."I have confidence, but we must solve this problem very seriously. I don't think there is no specific reason for revenge. However, retaliation is always possible."
Lemel: Unintentionally caused a trade war in Europe to defend its own economic interests
French Treasurer Lelmel also said during the Bloomberg TV interview during the meeting that the EU does not have to be afraid of any country.However, he also explained that the European Union did not intend to trigger any form of trade war, and investigating China's electric vehicle subsidies had nothing to do with protectionism.
Lemer refers to the United States and China who is also taking action to protect the country's economy, and said: "Europe now realizes that it is necessary to defend its own economic interests. This is good news."
After the European Union urged the European Union to take stronger actions to protect the European industry from the increasing threat of China and the United States, the President of the European Commission Feng Delin announced on Wednesday (13th).zaobao.com/Realtime/China/Story20230913-1433075 "R = NOFOLLOW TARGET = _blank> Expand Anti-Subsidy Survey , accusing China of" lowering human subsidies to lower car prices through huge state subsidies. "The next day, The Ministry of Commerce of China refutes and said that these measures will "be right for" right.China -EU economic and trade relations have a negative impact. "
The price of Chinese cars is about 20 % lower than that of European competitors. The European Union believes that this is achieved by improper means. Beijing is the result of the strong investment in China's automobile industry.
Lindner: It is necessary to investigate if the global trade is unfair to the basis of rules
Germany expressed doubts before the EU announced the launch of the investigation, but Germany's Finance Minister Lindner also supported the EU's investigation operation on Friday (15th).Lindner pointed out that global trade is based on rules. If there is unfair doubt, it is necessary to conduct investigations.
The Spanish Minister of Economic Minister Calvino pointed out that the European Union is a "global trade superpower" and strongly supports the European Commission's actions against China.She said: "I believe that the European Commission will continue to implement trade policies based on the trade framework based on open rules."
The trade between the European Union and China accounts for about 2.5 % of the GDP (GDP) of the euro zone.China is the largest market for major German car brands such as Volkswagen, Audi, Mercedes and BMW. China is also the main markets of French luxury giants LVMH, Kering (Kering) and Hermes.
