BEIJING (Reuters) – Proposed European Union tariffs on Chinese language items are usually not a “punishment”, Germany’s Financial system Minister Robert Habeck instructed Chinese language officers in Beijing on Saturday.
Habeck’s go to to China is the primary by a senior European official since Brussels proposed hefty duties on imports of Chinese language-made electrical automobiles (EVs) to fight what the EU considers extreme subsidies.
China warned on Friday forward of his arrival that escalating frictions with the EU over EVs might set off a commerce struggle.
Assembly Zheng Shanjie, chairman of China’s Nationwide Growth and Reform Fee, Habeck mentioned the proposed EU tariffs have been supposed to stage the taking part in area with China.
“We will do everything to protect Chinese companies,” Zheng replied.