In the anxious business relations with China, Commission President Ursula von der Leyen stated on May 6 that the EU would continue to support tough measures to protect its market and safety.
Following multilateral discussions with French President Emmanuel Macron and Chinese President Xi Jinping in Paris, she declared,” A China that plays reasonable is good for everyone.” She said that” Europe will not hesitate to make hard decisions to safeguard its economy and security.” ” We will defend our businesses, we may justify our economy”.
Von der Leyen said there were “imbalances that remain important” and” a matter of great concern”.
She criticized Chinese subsidies for “flooding the German market” for material and electric cars.
China’s manufacturing sector, whose income production was unable to be absorbed by the rest of the world, continued to “massively support its.”
Von der Leyen added that China denied honest trade to EU businesses. Von der Leyen added that” we are ready to make full use of our business defense equipment if this is necessary,” adding that” Europe cannot recognize market distorting practices.”
Prior to Macron’s earlier press conference, Macron had previously pressed Xi to agree to reasonable global trade regulations for EU-China exchanges.
According to Macron, “our ability to maintain a healthy relationship with China will really obviously determine the future of our continent.”