German Industry Demands Tougher EU Line on China

German Industry Demands Tougher EU Line on China
The new Volkswagen CC is displayed during a media preview of the Auto China 2018 motor show in Beijing on April 25, 2018. Damir Sagolj/Reuters
Reuters
Updated:

BERLIN—Germany’s influential BDI industry association has called on the European Union to adopt a tougher policy toward China and urged companies to reduce their dependence on the Chinese market as concerns mount over price dumping and technology transfer.

The tougher tone is the latest sign that policymakers and business managers in Europe are becoming increasingly worried about China as a competitor and its state-driven economic model.