Transformation of China’s supersized market will suit Italian investors: Wang Yi
Beijing is committed to a “fair” playing field for Italian investors, top diplomat Wang Yi pledged in Rome on Wednesday, as he courted international support for China’s next five-year plan. Addressing a joint press conference with his Italian counterpart, Antonio Tajani, the Chinese foreign minister also announced a further extension to Beijing’s unilateral visa-free entry…
“Cultural and institutional differences should not become obstacles to dialogue and cooperation,” he said, according to the Chinese foreign ministry’s statement. “The key is to understand and support each other’s core interests and legitimate concerns.”
Wang’s visit to Italy – a member of the G7 group of advanced economies and a founding nation of both Nato and the EU – is a bid to strengthen trade bonds amid strained relations between Beijing and Brussels.
-smaller.jpg?itok=Os7gGWYf "Transformation of China’s supersized market will suit Italian investors: Wang Yi 3")
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The Europe-China trade relationship: deficits, disputes and de-risking
The Europe-China trade relationship: deficits, disputes and de-risking
Despite Chinese leaders’ efforts all year to mend ties with the EU, trade tensions have continued to simmer. The latest example came on Tuesday, when the 27-member bloc proposed sweeping measures to shield its steel industry from overcapacity that it says emanates from China.
