• BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
FinanceTime
  • August 20th, 2026

FinanceTimeFinancetime

  • BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
German Chancellor Olaf Scholz visits a research project on the monitoring of water quality in Chongqing, China April 14, 2024. Andreas Rinke
German Chancellor Olaf Scholz visits a research project on the monitoring of water quality in Chongqing, China April 14, 2024. Andreas Rinke
Home
Business
Business

Germany's Scholz in China: we want fair auto market but no dumping

April 15th, 2024 | 06:46 AM BUSINESS 2

Facebook Twitter Google+ LinkedIn Pinterest

Worth reading...

India tightens sugar stock limits to tame record prices
Fed policymakers' inflation concerns increased at July meeting, minutes show
Amazon plans drone delivery expansion to about 500 US locales
US CFTC seeks comment on compute derivatives as AI demand grows
By Andreas Rinke

German Chancellor Olaf Scholz on Monday pressed his case for an open and fair European market for Chinese cars but warned against dumping, overproduction and intellectual property infringements as he spoke to a group of students in Shanghai.

Scholz, together with three ministers and several leading German executives, is on a visit to China that is being watched for signs as to how Europe will calibrate its response to what it blieves are Chinese goods being dumped on its market.

"At some point there will also be Chinese cars in Germany and Europe. The only thing that must always be clear is that competition must be fair," Scholz told students at Tongji University in Shanghai.

"In other words, that there is no dumping, that there is no overproduction, that copyrights are not infringed," Scholz said, adding it was important to allow companies to set up production facilities locally without bureaucratic hurdles.

"And that's why whenever I'm in China and I say level playing field, of course we want our companies to have no restrictions," he said.

Scholz also said small countries should not have to live in fear of big countries and that borders should not be changed by force, but did not mention China by name.

Scholz is due to meet President Xi Jinping on Tuesday and question him about China's support for Russia's wartime economy, two years after Moscow unleashed its invasion of Ukraine.

The German government and German businesses are also wary of any potential future conflict over Taiwan.

"One of these principles is that we should not be afraid of our neighbours," he told students, comparing global values and relations between countries to neighbourly relations.

"We want that in our own lives. If our neighbour is a big, strong, muscular person, then we always want to say hello and be sure that he will never hurt us."

  • Topic
  • CHINA
  • GERMANY/ (UPDATE 1, PIX, TV)
Facebook Twitter Google+ LinkedIn Pinterest
Previous article India tightens sugar stock limits to tame record prices

Related Posts

Business
August 19th, 2026

India tightens sugar stock limits to tame record prices

Business
August 19th, 2026

Fed policymakers' inflation concerns increased at July meeting, minutes ...

Business
August 19th, 2026

Amazon plans drone delivery expansion to about 500 US locales

Business
August 19th, 2026

US CFTC seeks comment on compute derivatives as AI demand grows

Business
August 19th, 2026

US yields head lower after Treasury offers liquidity support

Business
August 19th, 2026

US 30-year Treasury yields drop from multi-year highs

The Wire
Aug 20th 2 h ago
Investigates

In China, rocket launches fuel tourism and space-age dreams

Aug 19th 3 h ago
Asia Pacific

Japan exports rise 23.2% year/year in July

Aug 19th 3 h ago
Baseball

D-backs score twice in 10th, salvage series finale at Red S...

Aug 19th 3 h ago
Government

US tells schools not to alter discipline policies to reduce...

Aug 19th 4 h ago
Transactional

China tax crackdown forces wealthy investors to assess thei...

TRENDING ON FINANCETIME
Aug 19th, 2026 Tennis

Paul ousts top seed Zverev to reach Cincinnati quarter-finals

Aug 19th, 2026 Litigation

AIA Group's first-half new business value rises 10%

Aug 19th, 2026 Energy

Brazil's largest thermal power plant shut down after equipment failure

Aug 19th, 2026 United Kingdom

Key moments in Prince Harry and Meghan's six years in California

Aug 19th, 2026 Sports

Orioles reinstate C Samuel Basallo (shoulder) to active roster

Markets-Sectors
ENERGY -0.16%
FINANCIALS -0.62%

  • BUSINESS
  • MARKETS
  • WORLD
  • POLITICS
  • TECH
  • COMMENTARY
  • BREAKINGVIEWS
  • MONEY
  • LIFE
  • SECTORS
  • Back to top
FinanceTime
FinanceTime

World Business & Financial News, Breaking US & International News

Additional Services
  • Privacy-Policy
  • Terms and Conditions
© Financetime.org 2026. All rights reserved. Hosted by LeadsDeposit.com
Produced by C-iT