China's Disappointment in European Investment Restrictions
China expresses displeasure over Europe's plans to restrict investment, warning it may affect China's openness to Europe. Diplomat Qu Xun criticizes recent European measures as detrimental, while Beijing pressures Europe to soften rules. Rising trade tensions echo wider global trade disputes and demand for balanced market access.
China has voiced strong discontent over Europe's newly proposed investment restrictions, with Chinese diplomat Qu Xun cautioning that such actions could lead to a shift in China's openness towards European cooperation.
Speaking in Madrid, Qu, a commercial representative at China's embassy, highlighted China's disappointment with the European controls, which he claims have been increasingly restrictive over the past three months. He noted that these measures could force China into a defensive stance, changing the 'open-minded' perception previously associated with Europe.
The European Parliament is advancing legislation targeting critical industries and cybersecurity, which has stirred concerns in Beijing. As trade tensions simmer globally, especially with ongoing discussions between the U.S. and China, Qu's remarks underscore the necessity for respectful negotiation in the current volatile business climate.
(With inputs from agencies.)
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