German chancellor urges Chinese industry bosses to play fair in EU market

News Snapshot:

The chancellor of Germany has urged industry bosses in China to play fair by not overproducing cheap goods or infringing copyright rules. Speaking on a three-day visit to China where he is travelling with leading business representatives and three government ministers, Olaf Scholz said he, in turn, would encourage the European Union not to be driven by self-interested protectionism, in which governments restrict international trade to help domestic companies. Scholz was seen to be treading a careful path, driven by European concerns that Chinese goods are being dumped on the continent’s large market in ever increasing amounts. With a focus...