BEIJING/BERLIN — Volkswagen CEO Oliver Blume mentioned free and honest commerce, the worldwide economic system and know-how in conferences with China’s trade and commerce ministers on Friday, in accordance with statements by ministries and VW.
“The worldwide financial growth was one of many central points. Free and honest commerce between open markets is of utmost significance on this section of main challenges,” Blume stated in a written assertion.
The European Union and China are in tense negotiations over tariffs proposed by the European Fee on China-made EVs, with China opening up tit-for-tat investigations into different items whereas additionally urging the EU to drop its measures.
Germany’s automobile trade, together with Volkswagen, has vocally opposed the tariffs, fearing retaliation in one among their largest markets. China welcomed VW to deepen its foothold in China, in accordance with the ministry assertion.
The 2 sides additionally spoke about framework situations for applied sciences like autonomous driving and synthetic intelligence, the statements stated.
Germany and China final month signed a declaration of intent on find out how to talk about cross-border knowledge transfers with the view of enabling carmakers to switch knowledge to Germany, a contentious subject due to safety considerations in Europe and restrictions on international corporations in China.
(Reporting by Victoria Waldersee and Beijing newsroom, enhancing by Thomas Seythal)