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[BUSINESS] · China, Germany, EU · 10 sources

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China urges EU to avoid trade war and maintain open markets

Chinese officials are calling for dialogue and the avoidance of a trade war with the European Union. Foreign Minister Wang Yi, in discussions with German official Johann Wadephul, emphasized that China and the EU are comprehensive strategic partners and should prioritize multilateralism and free trade to counter unilateralism.

In the automotive sector, Chinese Commerce Minister Wang Wentao met with representatives from the European and German automotive industries. He advocated for maintaining reciprocal market access and urged the EU to avoid protectionism. Wang expressed China's willingness to seek solutions that respect WTO rules and domestic laws.

Industry leaders, including the CEO of Mercedes-Benz and representatives from the European and German automotive associations (ACEA and VDA), expressed support for open markets and free trade. However, German officials noted that trade relations must be built on fair competition and equitable rules to prevent further escalation of commercial tensions.

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China · European Union · Germany · Johann Wadephul · Wang Wentao · Wang Yi

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