Economy

China-EU relationship is at a crossroads, trade chief Dombrovskis said

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It is a make-or-break moment for China’s relationship with the European Union, as the bloc’s trade chief asks for more openness and fairness from Beijing.

“We stand at a crossroads. We can choose a path towards mutually beneficial relations. One which is based on open, fair trade and investment, and working hand in hand on the great challenges of our time,” Valdis Dombrovskis, executive vice president of the European Commission, said at Tsinghua University in Beijing on Monday.

“Or we can choose a path that slowly moves us apart. Where the shared benefits we enjoyed in recent decades weaken, and fade. And, as a result, where our people and economies face reduced opportunities,” he…



Source cnbc.com

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