German Vice Chancellor Robert Habeck on Saturday pointed to China’s support for Russia in the war against Ukraine as the main reason for deteriorating economic relations between Berlin and Beijing, as he reiterated warnings about the economic consequences of Beijing’s backing for Moscow’s war effort.
“It is also important for China, which is supporting Russia in this war, to understand that German and European security interests are already directly affected by this conflict,” Habeck said at the opening of a China-Germany High-Level Dialogue on Climate Change and Green Transition in Beijing, Bloomberg reported.
“It is important to understand that these are not punitive tariffs,” Habeck said, contrasting the EU measures with those implemented by countries such as the U.S., Brazil and Turkey, according to a Reuters report.
Habeck said that for nine months, the European Commission had examined in great detail whether Chinese companies had benefited unfairly from subsidies.
Habeck also said that if Beijing didn’t support Russia’s war, Europe and Germany wouldn’t be reducing their dependency on China for raw materials, according to the reports.
The state-run China Global Television Network reported that the NDRC chairman said the EU-imposed tariffs benefit no one and will eventually backfire.
The original article contains 303 words, the summary contains 195 words. Saved 36%. I’m a bot and I’m open source!
This is the best summary I could come up with:
German Vice Chancellor Robert Habeck on Saturday pointed to China’s support for Russia in the war against Ukraine as the main reason for deteriorating economic relations between Berlin and Beijing, as he reiterated warnings about the economic consequences of Beijing’s backing for Moscow’s war effort.
“It is also important for China, which is supporting Russia in this war, to understand that German and European security interests are already directly affected by this conflict,” Habeck said at the opening of a China-Germany High-Level Dialogue on Climate Change and Green Transition in Beijing, Bloomberg reported.
“It is important to understand that these are not punitive tariffs,” Habeck said, contrasting the EU measures with those implemented by countries such as the U.S., Brazil and Turkey, according to a Reuters report.
Habeck said that for nine months, the European Commission had examined in great detail whether Chinese companies had benefited unfairly from subsidies.
Habeck also said that if Beijing didn’t support Russia’s war, Europe and Germany wouldn’t be reducing their dependency on China for raw materials, according to the reports.
The state-run China Global Television Network reported that the NDRC chairman said the EU-imposed tariffs benefit no one and will eventually backfire.
The original article contains 303 words, the summary contains 195 words. Saved 36%. I’m a bot and I’m open source!