China does not want a trade war with Europe, Premier Li Keqiang said on Monday at a news briefing with German Chancellor Angela Merkel, who called for more talks with Beijing on its market economy status under the World Trade Organization.
Beijing sees Germany, China’s largest trading partner in the European Union, as influential in the 28-member bloc’s debate on the politically sensitive issue of its market economy status.
China agreed when it signed up to the WTO in 2001 that members could use third-market comparisons when determining if Chinese imports were being sold at knock-down prices.
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Craig Erlam
His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News.
Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
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