Germany says receiving growing protectionism complaints in China

Beijing, December 2
Germany is getting an increasing number of complaints from its companies about a rise of protectionism in China, while Germany is keeping its door open to surging Chinese investment, the country’s ambassador in Beijing told Reuters. Germany and China have been involved in an increasingly public dispute about access to each others’ markets, with China complaining about unfair scrutiny of its acquisition targets in Germany, and Germany wanting a more level playing-field for its firms in the world’s second-largest economy.German companies like Volkswagen AG and Siemens count China as among their most important overseas operations.
Economy Minister Sigmar Gabriel visited China last month where he made plain his concern about Beijing’s trade policies.“German companies here feel that there has been a considerable rise in protectionism. We are receiving more and more complaints, especially since the beginning of this year,” said Germany’s ambassador to China, Michael Clauss.
“When talking to them you get a sense that the overall mood has changed since last year, from being very optimistic to being more cautious.” Asked about protectionism worries, Chinese Foreign Ministry spokesman Geng Shuang said China would continue to open up and would continuously improve the investment environment for foreign companies.
“Foreign companies in China will continue to have great potential and space to develop. China’s door is open and it won’t be closed,” Geng said.

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