Taking the long-term view
3 months ago

Taking the long-term view

China Daily  

YANG MEINI/FOR CHINA DAILY On the last day of his second visit to China in just over a year, Spanish Prime Minister Pedro Sanchez said that the member states of the European Union as well as the European Commission needed to reconsider tariffs on Chinese electric vehicles, emphatically adding that "we do not need a trade war", and he stressed how vital it is to "build bridges" to reach a compromise. At the beginning of Sanchez's four-day visit, Chinese President Xi Jinping stated that China and Spain are both countries with a sense of responsibility and mission, and both advocate multilateralism and free trade. However, there is relative optimism among European businesses for the long term, which still see the potential of the Chinese market, as the complex issues "are very much in the near term", as the Chamber's president Jens Eskelund said to the South China Morning Post. Sanchez's meeting with the Chinese leader took place on the same day as President Xi received Norway's Prime Minister Jonas Gahr Store on Sept 9, just some weeks after the Chinese president hosted Italy's Prime Minister Giorgia Meloni in Beijing, and four months after his visit to France, Hungary and Serbia.

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