Chinese Premier Li Keqiang has met with representatives of foreign businesses operating in China in an attempt to convince investors that the country continues to foster an environment that’s favorable for international trade. The meeting with representatives from Germany, France, the Netherlands, Hungary, Japan, Singapore, South Korea, and other countries on April 20 follows last month’s refusal by the EU parliament to ratify a European Union–China investment deal. The downward spiral in EU–China relations followed the EU’s decision last month to boycott Xinjiang cotton, triggering counter-sanctions from the Chinese Communist Party (CCP) that have further imperiled the likelihood of any trade deal. During the meeting at the China–European Center in Chengdu, which has attracted more than 170 foreign institutions and enterprises to invest and locate in Sichuan province, Li praised the business leaders for their contributions to China’s “modernization” and the “recovery of the global economy” following the CCP virus pandemic. “China will continue …
Chinese Premier Meets Business Leaders in Chengdu to Seek Support for EU–China Trade Deal
April 25, 2021
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Angela MerkelChinaChinese RegimeEmanuel MacronEU-China investment dealEuropeLi KeqiangWorldXi Jinping
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