Contact us

Company Name:
Lishui Huanqiu Bearing Trading Co., Ltd.

Company Address:
No.11 Shiting Road, Shuige Industrial Zone,Lishui, Zhejiang,China
Contact Person: William

Email: admin@tradebearings.com
Homepage: www.asiabearings.com
Bearing B2B: www.tradebearings.com

email

 

Home > News >

Chinese PM meets German chancellor amid trade row

Chinese Premier Li Keqiang met with German Chancellor Angela Merkel (Angela Merkel) on Sunday at an Asian economic giant looming between the EU and trade disputes.
Leaders are expected to discuss economic issues and human rights, and international issues such as Iran's nuclear program and Syria civil war, German officials said before the meeting in Berlin.
Visited Switzerland on Saturday, Lee criticized the EU's anti-dumping cases against Chinese solar power and telecom equipment manufacturers, he warned, would hurt both sides pursuit.
"In the case of these two products will hurt Chinese industries, enterprises and employment opportunities, but it also undermines Europe's vital interests of users and consumers," China's official Xinhua News Agency quoted him as saying. "We express our firm opposition."
The European Commission, the EU executive body 27 countries, accusing China of solar panels and mobile telecommunications equipment pricing is too cheap, thus flooding the European market, distorting competition and damage European manufacturers. Therefore, Brussels has been proposed levy on Chinese solar panels special tariffs average 47 percent, and continues to seek to enter the telecommunications industry.
Germany, Europe's biggest economy, has said it wants in these cases, rather than the EU anti-dumping duties, which may provoke Chinese retaliatory tariffs negotiated settlement.
Merkel's spokesman Steffen Seibert said Friday on trade issues will certainly talks with Prime Minister Lee part.
"Between Europe and China, we must try to find a friendly and fair agreements and joint way, both sides can live together," Seibert said. "
German powerful industrial lobby groups also oppose the discussion of the EU anti-dumping measures against China, fearing the escalating trade war would undermine national boost business relationship.
China is the world's largest manufacturer of solar panels, more than half of its output exported to Europe, a total of 2.1 billion euros in 2011.
Global solar panel market suffered overcapacity, resulting in fierce competition has forced some European manufacturers of business.
China rejected the EU price dumping allegations, but the problem is no novelty Beijing. Last year, the United States on imports of solar panels impose punitive tariffs, we found that Chinese government subsidies to the influx of American corporate market.
The EU is the world's largest economy, is China's second largest trading partner after the United States, and in 2012 to about 43 billion euros of trade.
Lee's arrival at Berlin's former Prime Minister held a closed-door talks, Merkel and her Chinese foreign minister met with students from these two countries. Late Sunday, they are outside the government guest house in the capital, and eat dinner.
Lee took office in March, last Friday visit Switzerland. In Zurich, he signed a free trade agreement China's first major Western economies over the past few years has been negotiated.
Germany Lee is the only EU member states.
On Monday, he will meet other officials and business leaders. He is also the national elections in September, the Social Democratic Party candidate Steinbrueck challenger Angela Merkel met.
 
 



Other News:
Oil falls below $94 a barrel after US holiday
Chinese PM meets German chancellor amid trade row
Chill breeze of politics stills Australian renewables
Money laundering distorts Colombia's economic comeback
Germany: Merkel vows to avoid trade war with China
Suu Kyi slams 2-child limit for Muslims in Myanmar
Syria opposition unity talks face specter of collapse
Stable Nikkei spurs yen selling; U.S., UK markets eyed