Sunday, December 15, 2019

TRADE NEGOTIATIONS, CHINA STYLE

   At the Handelsblatt industrial summit on Friday, Chinese ambassador to Germany Ken Wu told ex-Foreign Minister Sigmar Gabriel that if Germany excludes Huawei 5G from its communication networks, then China could "declare German cars unsafe" for its domestic market.
   "It is important to the Chinese government that Chinese companies in Germany are treated the same as others, without discrimination. If the German government made a decision that led to the exclusion of Huawei from the German market, it will have consequences - the Chinese government will not stand idly by. See, last year, 28 million cars were sold in China, 7 million of those were German. Can we just declare German cars unsafe, because we can make our own cars? No, that would be pure protectionism," Wu said at Handelsblatt.
   Angela Merkel has been under intense pressure as lawmakers in the country could agree on a bill that would exclude Huawei from the country's 5G mobile network.

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