Tuesday, December 14, 2010

Germany's Minister of Economic Affairs will urge China to avoid concession rate war escalation trade war

Phoenix net financial newsletter Germany Handelsblatt, Germany on Wednesday reported that the Minister of Economic Affairs brude Le interview that can ensure that avoid United States expand lose trade war depends on China.

Brude Le in an official visit to Beijing on eve of a newspaper interview. He said, must be careful that the exchange rate war does not become a trade war; in order to avoid escalation, China has a lot of responsibility.

He warns that the United States Congress is currently considering the punitive tariff only throws retaliatory measures, protectionist measures will only lead to overall are lost.

Brude Le said: "my visit to China to make concessions. I considered themselves as opposed to the Angel of trade protectionism. ”

No comments:

Post a Comment