“The EU does not want a trade war with China,” Lianhe Zaobao Jorge Toledo, head of the EU Delegation to China, at the 30th anniversary of the China Europe International Business School on November 9.
Tuo’s comments come at a time of escalating trade tensions between China and the EU and concerns that they could spark a trade war. Tuo was reported to have mentioned the trade dispute between China and the EU in his speech at an event on September 9. He said talks with European medical device companies in China had informed them that they had been discriminated against in public procurement in China. Tuo said that if the situation is true, the European side will treat Chinese companies in Europe in the same way. But he stressed, “We don’t want a trade war, we just want a transparent and fair market environment.”
The comments by the head of the European Union Delegation to China came as Donald Trump, the Republican Party presidential candidate and former president, won a general election on May 5, the South China Morning Post reported, has left Brussels increasingly anxious. Tuo said on the 9th that what happened in the US a few days ago could change the global situation, “But it could also become an opportunity for China and Europe to resume normal relations”. “China-eu economic and trade relations are at a difficult time,” he said. We can not hide this. In Europe, we want to restore normal and fair relations with China, especially in business and investment relations,” the report said, donald Trump had previously threatened to restart a trade war with Europe, withdraw support for the country and withdraw security commitments to NATO.
The EU’s decision to formally impose anti-subsidy duties on Chinese electric cars has not ruled out the possibility of a negotiated solution. Tuo yaowei was in Beijing for a summit on Tuesday to take a stand on anti-subsidy tariffs just announced by the European Union against chinese-made electric cars. He said that although the EU side has issued the final results of the anti-subsidy investigation and announced tariff measures, negotiations between the two sides are still continuing, and it will continue until both sides find a mutually acceptable solution.
Tuo was also reported as saying that the tariffs were a means of addressing the impact of subsidies on the European electric vehicle industry, but that if an alternative could be found with China, “We will accept it.”.
According to the“Global Times” reporter from the Ministry of Commerce, the European technical team has arrived in Beijing on November 2. At present, the two sides are in accordance with the“Pragmatic and balanced” principle, intensive negotiations on the specific content of the price commitment programme. On the 8th, a spokesman for the Ministry of Commerce said that from the 2nd to the 7th, technical teams from China and Europe held five rounds of consultations in Beijing, the detailed contents of the price commitment scheme of the EU anti-subsidy case against Chinese electric vehicles were exchanged in depth, and some progress was made. German“Business Daily” reported on the 9th, the EU Delegation to China confirmed the progress of the negotiations to the newspaper.
An EU tax hike on Chinese electric vehicles is expected to severely affect Cyprus’s already slow-growing electric vehicle market, Cypriot media reported Monday. ASIMENOS, SAIC’s head of Cyprus, worries that European tariffs could discourage local consumers from buying electric cars after weighing economic and environmental benefits. Cyprus is one of 12 countries that abstained in the EU’s vote to raise taxes on Chinese electric vehicles.