Arab Today, arab today merkel to host li for export power summit
Last Updated : GMT 21:08:47
Arab Today, arab today
Arab Today, arab today

Merkel to host Li for export power summit

Arab Today, arab today

Arab Today, arab today Merkel to host Li for export power summit

Berlin - AFP

China\'s Premier Li Keqiang is to hold talks with German Chancellor Angela Merkel on Sunday as the close economic partners seek to weather a brewing trade spat between Beijing and the EU and forge deeper ties. The new premier\'s visit to Germany, by far China\'s biggest European trading partner, indicates Beijing\'s wish to continue its special partnership with Europe\'s biggest economy, analysts say. Aside from a brief stop in Switzerland to ink an accord paving the way for a landmark free trade deal with the Alpine nation, Germany is the only stop among EU member states on Li\'s maiden foreign tour, which last week also took in India and Pakistan. Li, in a speech to business and financial leaders in Switzerland on Friday, slammed the EU for plans to probe China\'s telecom products and impose taxes on its solar panels, Chinese state media reported Saturday. Cited by Xinhua news agency, Li said the planned measures would \"not only cause serious damage to related industries, enterprises and employment in China, but will also hurt the personal interests of users and consumers in Europe\". Merkel will greet Li, who arrived in Germany on Saturday, with military honours at her Berlin chancellery and afterwards hold talks set to cover the \"whole breadth of our very intensive relations\", including trade, her spokesman said. \"We must try for Europe and China to find ways for amicable agreements, fair agreements on these (trade) issues which both sides can live with,\" Steffen Seibert told a regular government news conference Friday. The German-Chinese trade relationship is an \"almost perfect symbiosis\", based on mutual need but is set to change as China becomes more of a competitor than a market for Germany, according to Germany expert Hans Kundnani, of the European Council on Foreign Relations. While German motor vehicles and auto parts, machinery and electrical goods find a vast export market in the world\'s second-largest economy, China needs technology from Germany. German exports to China amounted to 66.6 billion euros ($86 billion) last year, according to official German data. \"German manufacturers are increasingly going to be squeezed, I think, by competition from China, and you are starting to see that already,\" the London-based expert said. As both the EU and China suffer the knock-on effects of a sharp economic slowdown, a slew of looming trade disputes -- over telecoms, solar panels and steel tubes -- has turned up the heat. Germany\'s Handelsblatt business daily pointed to the impact that poor Chinese manufacturing data wreaked on world stock markets this week, including a more than seven-percent drop in Tokyo, a major trade partner. \"When an economic indicator can already trigger such a tremor on the stock markets, what\'s lurking for the world economy if there\'s a trade war between China and Europe? \" the paper fretted. Punitive tariffs being mulled by the EU on imports of Chinese solar panels would be \"a wrong political signal, a new step towards protectionism\", China\'s ambassador to Berlin Shi Mingde told the paper. But Kundnani said he did not expect the solar panel spat to cast too big a shadow over the talks. \"I think both sides are trying to avoid conflict at almost any cost because their economic stake and other stakes are pretty high,\" he said, highlighting Economy Minister Philipp Roesler\'s criticism of the European Commission\'s threat to impose an anti-dumping levy due to concerns for the German economy. Germany may fear the consequences of a trade war on other sectors. Volkswagen, Europe\'s biggest carmaker, announced in March that it planned to open seven more factories in China, VW\'s single biggest market where last year it delivered 2.81 million vehicles. For China, Germany\'s importance extends beyond economic ties as it warily eyes the US. \"The Chinese are thinking about whether a \'German Europe\' is emerging from the euro crisis just as we are,\" Jonas Parello-Plesner, also of the European Council on Foreign Relations, said. \"They increasingly see Berlin as the place to go to get things done.\" After Merkel visited the Forbidden City on her second visit to Beijing within seven months last year, Li\'s two-day programme begins with a trip to the Cecilienhof palace in Potsdam, where Soviet, US and British leaders met in 1945 to help shape post-war Europe and Asia. Chinese dissident artist Ai Weiwei, who was detained for 81 days in 2011, hopes Merkel will push for better treatment in China of critical intellectuals in her talks with Li, according to the German DPA news agency. \"At German-Chinese meetings, human rights issues are in fact, regardless of the level, always also an important component,\" Seibert told reporters.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today merkel to host li for export power summit Arab Today, arab today merkel to host li for export power summit

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today merkel to host li for export power summit Arab Today, arab today merkel to host li for export power summit

 



Arab Today, arab today
Arab Today, arab today Designer Aql Faqih aspires to innovation

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation
Arab Today, arab today What's the reason and what you can do

GMT 05:44 2017 Sunday ,22 October

What's the reason and what you can do
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Syrian children die of hunger

GMT 19:25 2017 Sunday ,22 October

Syrian children die of hunger
Arab Today, arab today Hiring not part of Alibaba pledge

GMT 11:26 2017 Wednesday ,18 October

Hiring not part of Alibaba pledge
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today World's deepest lake in peril

GMT 15:54 2017 Friday ,20 October

World's deepest lake in peril
Arab Today, arab today Ex-French minister Dati wants tough action

GMT 10:54 2017 Thursday ,19 October

Ex-French minister Dati wants tough action
Arab Today, arab today Delhi braces for pollution 'airpocalypse'

GMT 16:07 2017 Friday ,20 October

Delhi braces for pollution 'airpocalypse'
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today EU raids automaker BMW

GMT 11:06 2017 Saturday ,21 October

EU raids automaker BMW
Arab Today, arab today Sweden to get biggest car factory

GMT 14:10 2017 Friday ,20 October

Sweden to get biggest car factory
Arab Today, arab today Actress Mona Zaki praises husband’s role

GMT 08:15 2017 Thursday ,19 October

Actress Mona Zaki praises husband’s role
Arab Today, arab today Massacre fears spark race

GMT 19:09 2017 Thursday ,19 October

Massacre fears spark race

GMT 08:57 2017 Wednesday ,18 October

Actress Shery Adel happy for Egypt’s qualification

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam

GMT 16:00 2017 Wednesday ,18 October

Climate-disrupting volcanoes helped topple

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 10:18 2017 Saturday ,21 October

How to do open-heart surgery

GMT 13:44 2017 Friday ,20 October

Barcelona through George Orwell’s eyes

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 20:46 2017 Thursday ,19 October

Qualcomm files lawsuits in China to ban iPhones

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday