Bundesbank Chief Says EU-China Ties Need Level Playing Field

Bundesbank President Joachim Nagel said European Union-China relations should be “fair” and require a “level playing field.”

Speaking in Frankfurt, he referred to European Commission President Ursula von der Leyen, who on Monday met China’s Xi Jinping and said Europe is ready to use all the tools available to defend its economies if China fails to offer fair access to its markets.