Before Summit, Premier Li Keqiang States That China Looks Forward To Work with EU on Trade

Before Summit, Premier Li Keqiang States That China Looks Forward To Work with EU on Trade

Premier Li Keqiang in a German newspaper wrote that China is looking forward to work with the European Union (EU) on matters from the climate change to trade. This article got featured just before a summit which is going to be held next week. This aim behind the summit is to cement the ties.

Diplomats in Brussels have stated that anxiety over trade; investments and minority rights signify that China and the EU might fail to concede a joint declaration at the 9th April summit. It could diminish European endeavors to gain improved access to Chinese markets.

The column got featured in Monday’s edition of Handelsblatt; however, on Sunday some extracts of the article were released, the Chinese Premier repudiated charges Beijing was trying to divide the bloc by funding in eastern European states.

Worried by possible Chinese dominance of strategic European industries, the EU is trying to cajole Beijing to open up its markets and has tried to get it to perform to get rid of what Brussels considers as unfair barriers to trade.

Li stated that China was ready to work closely with Europe in endorsing the Paris Climate Agreement, backing sustainable development, keeping the international nuclear deal with Iran and dealing with terrorism.

The EU is China’s largest trading partner. A surge in Chinese takeovers in important sectors in Europe and a sense in Brussels that Beijing has not uphold its promise to stand up for free trade has intricate talks before the summit.