China still has a lot of cards to play, in a trade dispute with the EU increasingly ugly, the official People's Daily said on Thursday, accusing Europe do not realize that its global power is waning.
The EU will impose tariffs on imported Chinese solar panels from this week, despite attempts to soften the blow to the reduced rate of the European angered Beijing. China announced on Wednesday in response to its own anti-dumping and countervailing explore wine imports from the EU.
Both sides said they still want a negotiated solution to the line.
However, the People's Daily, the official mouthpiece of the ruling Communist Party, said in the comments that Beijing may take more measures to the EU.
"We have set up a table talks (also) still have a lot of cards, we can play," the newspaper writes. "China does not want a trade war, but can not bring back trade protectionism."
Europe needs to understand its decline can no longer praise it in other countries, the paper.
"Times change, power rise and fall, but this does not change entrenched in some European arrogance," wrote.
EU Trade Commissioner Karel De Gucht intentionally "stir up trouble", the daily said that despite opposition from many EU countries, through China's duty to promote solar panels.
"This is not normal, it added."
After the article was published under the pseudonym "Zhong Sheng", meaning "Voice of China", the name used to view the newspaper's foreign affairs.
EU tariffs against Chinese solar companies like Trina Solar Ltd, Suntech Power Holdings Co., Yingli Green Energy Holding Company Limited, and can be expected to boost its panel prices in Europe.
China seems to have been a symbolic act than if it had targeted industries such as export of Airbus aircraft from Toulouse, European aerospace group EADS choice for EU wines.
EU wine exports to China, excluding Hong Kong, EU officials said, are not covered by the publication, in 2012 reached 257.3 million liters a value of nearly $ 1 billion. More than half - 139.5 million liters - from France.
Diageo and Pernod Ricard is the supplier.
 



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