The visit of the Minister of Economy of Germany to China with the focus on solving customs disputes

According to the report of the international group Tasnim news agency, quoted by Germany’s “NTV”, in Due to the ongoing customs dispute between the European Union and China, German Economy Minister Robert Haubeck has lowered the expectations of his government’s negotiations in Beijing. Before leaving South Korea, Habak said: It is far from the mind that these disputes will be resolved while I am in China. Habak continued: I cannot negotiate for the European Union at all. Emphasizing that he wants to play a role in these negotiations, at the same time he found it difficult to reach an agreement. Therefore, “Habak” announced that he wants to examine options to solve specific problems and Also check the conversation formats. According to him, the issue here is to encourage the Chinese to talk to each other, not to let it go and let the situation escalate. He announced that he decided not to just say, now everything is deteriorating and considered it bad.

The European Union Commission has decided on countervailing tariffs for the import of Chinese electric cars, which is supposed to be implemented from November to be implemented. Until then, the Chinese side has the opportunity to remove or at least eliminate the charge of massive government subsidies to its automakers. Chinese electric cars are sold in Europe significantly cheaper than cars from domestic providers.

The EU Commission in a specially launched investigation concluded that China is directly contributing to this. Subsidizes products at different levels. In addition, manufacturers such as BYD have built up huge excess capacity, which is now pushing them into the European market. Compensatory taxes are also not without discussion in Europe. Europe wants to electrify the local car fleet as soon as possible in order to reduce massive CO2 emissions in the transport sector. However, European manufacturers have so far barely had affordable models, with only a few small electric cars in their range. It announced higher tariffs on European pork. Given Berlin’s already struggling economy, there are concerns in many parts of the German economy about a trade war in which a spiral of reciprocating punitive tariffs will make trade more difficult. China, along with the United States, is Germany’s most important trade partner outside the European Union, and the United States has a similar trade volume, mainly due to its energy exports. And the European Union has become more complex in recent years, and that’s a polite way of saying it.

He emphasized: Germany is certainly in a special position as Europe’s largest car manufacturing country. The German official said that he had spoken with Vladis Dombroskis, the European Union trade commissioner, before his trip to China. Jin Zhuanglong, Minister of Industry of this country will be received in Beijing. Zheng Shanjie, head of China’s National Development and Reform Commission (NDRC), is also waiting for the German official. The NDRC is a central planning commission that sets priorities and goals for China’s economic development.

Haback is accompanied by several representatives of medium-sized German companies. Heads of large German companies also visited China in April together with the chancellor of this country, Olaf Schultz. The federal government is looking for a moderate way to promote fair and legal trade with China, while at the same time minimizing Germany’s dependence on China as a sales market, production location and source of raw materials.

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