‘Europe-China: Trade war is declared’

Published on 21 May 2013 at 09:36

Cover

Beijing has threatened to contest the European Commission's decision to impose taxes on Chinese solar panels and telecommunications equipment before the World Trade Organisation.
Germany, which accounts for more than half of the EU’s exports to China, has voiced its concern over the power struggle and called for an amicable settlement.
“It is high time that Europe gave up its fascination with the size of the Chinese market and demanded, like the United States, a minimum of fair exchange”, argues Le Figaro, which adds —

The interdependence of global economies will add to pressure for an amicable settlement, as desired by Berlin. But for that, it is time for Europe to put its foot down and to set aside any naivety. Given China’s rapid rise to power, soon it will be too late.

Receive the best of European journalism straight to your inbox every Thursday
Tags

Was this article useful? If so we are delighted!

It is freely available because we believe that the right to free and independent information is essential for democracy. But this right is not guaranteed forever, and independence comes at a cost. We need your support in order to continue publishing independent, multilingual news for all Europeans.

Discover our subscription offers and their exclusive benefits and become a member of our community now!

Are you a news organisation, a business, an association or a foundation? Check out our bespoke editorial and translation services.

Support independent European journalism

European democracy needs independent media. Join our community!

On the same topic