EU presses China over trade, warns on Hong Kong law | Malay Mail

Calling China a partner and a rival, EU Commission President Ursula von der Leyen said Beijing had not followed up on a 2019 deal to allow greater access for European companies in China or drop rules requiring investors to share their know-how in Chinese joint ventures. — Reuters pic

“The relationship between the EU and China is simultaneously one of the most strategically important and one of the most challenging that we have,” European Commission President Ursula von der Leyen told a news conference. When asked about von der Leyen’s comments on the 2019 deal today, Wang Lutong, the head of the Chinese foreign ministry’s Europe office, said that tangible progress has been made on areas like green financing and government procurement, and that patience was needed.

Germany has postponed an EU leaders’ summit with Xi in September, citing the coronavirus, though diplomats said it was in part because of the impasse in investment negotiations.Michel and von der Leyen said they told Li and Xi of their concerns over China’s security law for Hong Kong, which democracy activists, diplomats and some businesses say will jeopardise its semi-autonomous status and role as a global financial hub.

Law Law Latest News, Law Law Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

EU warns China over Hong Kong security law | Malay MailBRUSSELS, June 23 — The EU warned China it would face “very negative consequences” if it presses ahead with a new security law for Hong Kong, stepping up pressure on Beijing over the controversial legislation. European Commission president Ursula von der Leyen and European Council chief...
Source: malaymail - 🏆 1. / 86 Read more »

EU presses China over trade, warns on Hong Kong lawThe relationship between the EU and China is important but challenging, says Ursula von der Leyen.
Source: malaysiakini - 🏆 20. / 51 Read more »

EU presses China over trade, warns on Hong Kong lawBRUSSELS, June 22 (Reuters): The European Union told China on Monday to make good on a promise to open up its economy and warned of 'very negative consequences' if Beijing goes ahead with a new security law on Hong Kong that the West says will curtail basic rights.
Source: staronline - 🏆 4. / 75 Read more »

EU, China to hold summit amid tensions | The Malaysian InsightThe two are at odds over trade rules, human rights and national security.
Source: msianinsight - 🏆 8. / 63 Read more »