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",

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Chinese Ambassador to the EU Truong Minh speaks at a conference in Brussels, Belgium, in March Photo: Xinhua.

"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.