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This is an archive article published on May 25, 2013
Chinese premier criticises EU move on trade measures
The European Union is considering whether to impose punitive import duties on solar panels from China.
Written by Reuters
Shanghai | May 25, 2013 03:28 PM IST
2 min read
2 min read
Chinese Premier Li Keqiang criticised the European Union over its plans to investigate alleged anti-competitive behaviour by Chinese mobile telecom equipment makers and to impose punitive import duties on solar panels from China,state media reported.
The official Xinhua news agency reported late on Friday that Li had told business leaders in Switzerland such measures would 8220;harm others without benefiting oneself8221;.
Li is the most senior Chinese official to comment on the troublesome issue so far.
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The European Union is considering whether to impose punitive import duties on solar panels from China after the United States levied its own duties last year 8211; a move fiercely opposed by Beijing.
European Trade Commissioner Karel De Gucht said this month he and fellow commissioners had agreed in principle to open an anti-dumping and anti-subsidy case against China,but would first seek to negotiate a solution with Chinese authorities.
China has threatened to retaliate if the EU pushes ahead with the investigation.
China hopes the EU will think about overall economic and trade relations between them and uphold the principles of free trade when handling the two cases,Xinhua quoted Li as saying.
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The EU is China8217;s most important trading partner,while for the EU China is second only to the United States. Chinese export of goods to the 27-member bloc totalled 290 billion euros 374.98 billion last year,with 144 billion euros going the other way.
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