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MID KNR: EU should lift export restrictions on China

MID KNR: EU should lift export restrictions on ChinaEven though China and the EU are already each other's biggest trading partners, friction often arises between them on some economic issues, not to mention politics.

Dissatisfaction with the EU trade policy towards China was expressed in the Ministry of Foreign Affairs of the People's Republic of China. An official statement from the Chinese Foreign Ministry notes, that the EU authorities should lift export restrictions for China, which will positively affect the solution of the problem of trade imbalance for the EU.

Beijing recalled the tightening by the EU in recent years of exports of high-tech products to China. This policy has led to, that the potential for EU exports to China has declined sharply and a trade imbalance has emerged, say to the Chinese Foreign Ministry.

If the European side really wants to solve this problem (trade imbalance), she should not blame China, remove export restrictions- It stated in the message department.

Recall, that some European politicians, in high positions, have repeatedly stated that the trade balance in relations with China is changing too sharply against the EU, while making it clear, that this is a consequence of the unscrupulous policy of China. In particular, European Commission President Ursula von der Leyen spoke about this in April. And in June, the head of the Italian government, George Meloni, spoke about the danger of becoming dependent on trade with China.. used photos:merics.org

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