Business Standard

EU tells Xi Jinping that China must show investment deal worthwhile

The European side said Beijing must follow up recent offers to pursue fairer economic policies with more concessions in order for an investment deal to be achieved by year-end

xi jinping, EU, angela merkel
Premium

Chinese President Xi Jinping speaks during a video meeting with German Chancellor Angela Merkel and other EU leaders

Bloomberg
The European Union stepped up demands on China to open its market further to foreign investors, seeking to keep alive a goal for a far-reaching agreement this year even as disagreements over human right issues could fuel uncertainty.
 
Following a video conference that brought together German Chancellor Angela Merkel, EU summit chair Charles Michel, European Commission chief Ursula von der Leyen and Chinese President Xi Jinping, the bloc’s representatives said the ball is in China’s court to meet a 2020 target date for sealing the long-sought investment deal.
 
The European side said Beijing must follow up recent offers to pursue

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in