China is a market economy? The EU says no, and annoyed to Beijing. At the EU-China summit focused mainly on trade issues. Standing at the end of a shared commitment to climate protection in the way.
At the conclusion of the EU-China summit in Brussels, the Participants practiced appeasement. It was “not damatisch”, the climate Declaration has not been signed and there had been at the Meeting, not a joint Declaration, said a EU representative. During the negotiations it was said that China and the EU wanted to put in shoulder-to-shoulder is a common sign against trump is withdrawing from the climate Treaty. A specially prepared document should be signed and the media presents. However, it should not come. Both parties were in the important trade to disagree.
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It is all about the recognition of China as a market economy. As China, in 2001, the world trade organization (WTO) joined in, had been provided to the country in view that it would be dealt with by December 2016, as a market economy. This Status protects against high punitive tariffs. Without the Status, the EU can fight back but in the Form of anti-dumping measures against Chinese products do and does it well. Beijing sees this practice as unfair and as an example of “hidden protectionism”. China because of its market economy status is denied, inserted complaint at the WTO.
Juncker criticized the investment hurdles
“The EU and China are all in agreement, except for the trade issue,” said a spokesman for EU Commission President Jean-Claude Juncker. This was also hinted during the talks in Brussels. So Juncker criticized the investment barriers of European firms in China. The flow of Chinese capital in the European Union was swelled in the past year to 77 percent. In return, Juncker said, but declined, the current European capital in the people’s Republic by almost a quarter. “This shows how difficult it still can be, doing business in China,” said Juncker, the trade imbalance.
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Juncker criticised in addition, the Chinese Overcapacity on the steel market, and defended the EU instruments against unfair trade practices. “Trade can’t be solely free, it must also be fair,” said Juncker. From the EU circles, it was said, however, both sides were looking for a solution for the dispute over the market economy status. This should allow China to its complaint to the WTO and to settle the question of Overcapacity in steel from China.
But even with all the mutual criticism, both sides attempted negotiations in good light. EU Council President Donald Tusk called the Meeting nevertheless, as being the best in the history of bilateral relations. “This is not Propaganda,” he said. You have searched for similarities and found. “We need a little more time to be in some aspects more accurate,” said Tusk. And also the Chinese head of government Li Keqiang responded to the blame of Jean-Claude Juncker. The open criticism is a sign of growing confidence, says Li.
nm/kle (afp, dpa, rtr)