EU Commission president, Ursula Von Der Leyen, said Chinese vehicles are flooding global markets and that state subsidies were having a distorting effect. He Yadong from China's Commerce Ministry, responded to Wednesday's announcement by the EU Commission President: “What I want to emphasize is that the investigation that the European Union plans to take is to protect its own industry in the name of fair competition. This is blatant protectionist behavior It will have a negative impact on the China-EU economic and trade relations.”
Given recent and ongoing tensions between the Europe and China, is there more to this than just economics? And does Beijing have a point when it accuses the EU of protectionism?
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#China #EuopreanUnion #TradeWar
Given recent and ongoing tensions between the Europe and China, is there more to this than just economics? And does Beijing have a point when it accuses the EU of protectionism?
Subscribe: https://www.youtube.com/user/deutschewelleenglish?sub_confirmation=1
For more news go to: http://www.dw.com/en/
Follow DW on social media:
►Facebook: https://www.facebook.com/deutschewellenews/
►Twitter: https://twitter.com/dwnews
►Instagram: https://www.instagram.com/dwnews
►Twitch: https://www.twitch.tv/dwnews_hangout
Für Videos in deutscher Sprache besuchen Sie: https://www.youtube.com/dwdeutsch
#China #EuopreanUnion #TradeWar
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