EU Urges China To Move On Trade, Back Off In Hong kong

AppleMagazine|June 26, 2020

EU Urges China To Move On Trade, Back Off In Hong kong
Top European Union officials pressed China’s leaders to open the country’s markets further to European companies, show stronger leadership in reforming world trade’s governing body and step back from the brink in Hong Kong.

With criticism mounting that the EU has been kowtowing to Beijing, European Council President Charles Michel and EU commission President Ursula von der Leyen attempted to strike a tougher tone than usual, after video talks with Chinese President Xi Jinping and Premier Li Keqiang.

The 27-nation bloc is China’s biggest trading partner, but also an economic competitor, and as Beijing has become more assertive in recent years, the EU has struggled to balance its commercial interests with a country that it also sees as “a systemic rival.”

“Progress is needed in many areas to re-balance this relationship, and we made clear that we need to resolve concrete problems,” Michel said, firing offa list of outstanding issues like market access, subsidies, regulatory issues, public procurement, the forced transfer of technologies and WTO reforms.

No Chinese officials took part in the news conference.

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June 26, 2020