China does not want a trade war with Europe, Premier Li Keqiang said on Monday at a news briefing with German Chancellor Angela Merkel, who called for more talks with Beijing on its market economy status under the World Trade Organization.
Beijing sees Germany, China’s largest trading partner in the European Union, as influential in the 28-member bloc’s debate on the politically sensitive issue of its market economy status.
China agreed when it signed up to the WTO in 2001 that members could use third-market comparisons when determining if Chinese imports were being sold at knock-down prices.
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