Mercedes CEO warns EU against protectionism in response to China Reuters via biedexmarkets.com

© Reuters. Ola Ola Kaellenius, CEO of Daimler AG, speaks at the Automobilwoche car summit in Ludwigsburg, Germany, November 10, 2021. REUTERS/Andreas Gebert/File Photo

BERLIN (Reuters) – Any move by the European Union to increase protectionism against China would be a destructive move for an economic region like Europe, Mercedes-Benz (OTC:) CEO Ola Kaellenius said on Thursday after the carmaker published its quarterly results.

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