Get 40% Off
💰 Buffett reveals a $6.7B stake in Chubb. Copy the full portfolio for FREE with InvestingPro’s Stock Ideas toolCopy Portfolios

China, EU should maintain open attitude, reject protectionism -Chinese state media

Published 09/17/2023, 08:25 PM
Updated 09/17/2023, 08:31 PM
© Reuters. China's Foreign Minister Wang Yi meets with Malta's Minister of Foreign Affairs Carmelo Abela at Diaoyutai State Guesthouse on September 13, 2018 in Beijing, China.  Lintao Zhang/Pool via REUTERS
688128
-

BEIJING (Reuters) - China and the European Union (EU) should continue to maintain an "open attitude" and "reject protectionism", Chinese state media said on Monday, citing Chinese Foreign Minister Wang Yi.

State-backed Xinhua quoted Wang as saying that China has consistently supported the EU's strategic independence and European integration and that both sides should maintain an "open attitude, firmly support free trade, reject protectionism, and achieve the positive effects of China-EU cooperation".

"China-EU cooperation outweighs differences and the two sides are partners instead of rivals," Wang was quoted as saying.

Wang's remarks come days after the European Commission launched an investigation last week into whether to impose punitive tariffs to protect EU automakers against Chinese electric vehicle imports it says are benefiting from excessive state subsidies.

The remarks were made during Wang's meeting with his Malta counterpart Ian Borg on Saturday, at which China and Malta have agreed to work together to promote China-European Union cooperation, Xinhua said.

China hopes Malta would continue to play a positive role in development of China-EU relations, Wang said.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.