The Chinese ambassador to the EU said that Europe is at a disadvantage for the companies of this country, in the midst of trying to reach a big agreement.
"European Union (EU) policies on 5G networks, foreign direct investment screening, government bidding regulations and competition rules have undermined the confidence of Chinese companies",
"Some say that the EU has been quite open and that China has a responsibility to rebalance its economic and trade relations. However, to form an open and non-discriminatory legal environment, the two
In order to prove his point, the ambassador raised questions about the restrictions on Chinese state-subsidized companies.
The EU also expressed impatience with Beijing after seven years of trying to negotiate an investment agreement.
EU officials emphasized their precaution as a reaction to China's long-standing failure to comply with World Trade Organization (WTO) rules, especially barriers to access.
Experts assess that China is turning to Europe when relations with the US are increasingly tense.