Leaders of European Parliament political parties call for tightening EU trade measures against China
Manfred Weber, chairman of the European People's Party (EPP), the largest parliamentary group in the European Parliament, urged the EU to tighten its trade measures against China, warning that otherwise Beijing could paralyze European industry.
Stéphane Séjourné, Vice-President of the European Commission responsible for industrial strategy, said in May that the EU would expand the use of import quotas and tariffs to protect its industries from what he described as a "threat to survival" posed by Chinese imports. Following this statement, China's Foreign Ministry spokesperson Mao Ning said that if the EU imposes new restrictions on Chinese goods, China would take countermeasures.
Foreign media quoted Weber as saying: "We should more clearly, firmly, and consistently defend European interests. Either we prepare our defense, or China will paralyze parts of our industry. The EU must now firmly and unyieldingly use its trade policy tools."
"EU Dynamics" (Euractiv) reported in April that CRRC, China's CRRC Corporation, had emerged as the most likely candidate in bidding for a Senegalese bus supply contract worth a total of 320 million euros—funding provided by the European Union’s investment initiative, "Global Gateway."
Besides CRRC, other companies—including the European automaker Scania—were also competing for the contract. However, according to Euractiv's report, CRRC's bid was half the price of its competitors.
Original source: toutiao.com/article/1867339076040704/
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