Germany's finance minister's visit to China is still talking about not wanting to lose
According to Reuters on the 19th, during his visit to China, Germany's Finance Minister and Deputy Chancellor, and chairman of the Social Democratic Party, Lars Klingbeil, continued to hype up the so-called "unfair competition" on Wednesday. He claimed that if there are subsidy practices in relevant industries, the EU market must be protected.
The report stated that Klingbeil mentioned the challenges faced by European steel producers, as well as the EU's proposal to impose new tariffs on imported products including China, citing the need to protect the domestic steel industry.
"I support a free and open market, but I don't want Europe and Germany to end up as losers," Klingbeil complained again to Reuters, saying that Chinese steel products benefit from state support. "I don't want to see the German steel industry suffer losses because of this." He added that the German steel industry is currently developing well and is moving towards carbon neutrality.
When asked whether the EU plans to take a tougher stance against China, Klingbeil claimed that issues related to China are increasingly important in the meetings of the EU Economic and Financial Affairs Committee (ECOFIN) and the Eurogroup, and the EU should "show a united front to China."
Original: www.toutiao.com/article/1849284642093321/
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