However, he said that it was futile for Western European countries to call for the decoupling of Chinese and European economies, as there was a clear division of labour between East and West in the automotive sector, which is crucial to the continent's economic future.
He underlined that Western companies make the electric cars and Eastern companies make the batteries, and neither can do without the other.
We propose that politics should not interfere in this. Let this rational division of labour based on sound economic principles work so that the European Economic Area and China can benefit from it to the right extent, he said.