German Chancellor Calls for Fair Competition in Trade Relations with China

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Germany,China,Trade Relations

German Chancellor Olaf Scholz warns about dumping and overproduction in trade relations with China during his visit to Shanghai. He emphasizes the importance of fair competition and opposes dumping and overproduction. The visit takes place amidst looming EU tariffs on Chinese-made electric vehicles and trade-related tensions.

BEIJING — German Chancellor Olaf Scholz called for fair competition in trade relations with China while warning about dumping and overproduction as he spoke to students in Shanghai on Monday.

“Of course we would like our companies to have no restrictions, but conversely we behave exactly how we are demanding here,” he said, adding there must be no dumping or overproduction. “There was great agitation in the newspapers: ‘Now the Japanese cars will come and clean up’ — nonsense,” he told the Tongji University students. He said there are German cars in China that were made with Chinese manufacturers, and at some point there would also be Chinese cars in Germany and Europe.

 

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