Germany says Europe is open to Chinese cars but not at any price

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Shanghai
Reuters
 — 

German Chancellor Olaf Scholz pressed his case on Monday for an open and honest European marketplace for Chinese language automobiles however warned in opposition to dumping, overproduction and mental property infringements as he spoke to a gaggle of scholars in Shanghai.

Scholz, along with three ministers and several other main German executives, is on a go to to China that’s being watched for indicators on how Europe will calibrate its response to what it believes is Chinese language items being dumped on its market.

“Sooner or later there will even be Chinese language automobiles in Germany and Europe. The one factor that should all the time be clear is that competitors have to be honest,” Scholz advised college students at Tongji College in Shanghai.

“In different phrases, that there is no such thing as a dumping, that there is no such thing as a overproduction, that copyrights should not infringed,” Scholz stated, including it was essential to permit firms to arrange manufacturing services domestically with out bureaucratic hurdles.

“And that’s why at any time when I’m in China and I say degree taking part in discipline, after all we would like our firms to haven’t any restrictions,” he stated.

Scholz additionally stated small international locations shouldn’t must reside in concern of huge international locations and that borders shouldn’t be modified by drive, however didn’t point out China by identify.

Scholz is because of meet President Xi Jinping on Tuesday and query him about China’s assist for Russia’s wartime economic system, two years after Moscow unleashed its invasion of Ukraine.

The German authorities and German companies are additionally cautious of any potential future battle over Taiwan.

“Considered one of these ideas is that we shouldn’t be afraid of our neighbors,” he advised college students, evaluating international values and relations between international locations to neighborly relations.

“We would like that in our personal lives. If our neighbor is a giant, robust, muscular particular person, then we all the time wish to say hiya and ensure that he won’t ever harm us.”

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