China ‘could do a lot’ to reduce impression of risk, says EU trade chief

News Snapshot:

The European Union has no plans to terminate ties with China, even as the group makes moves to decrease economic dependence and de-risk, but China “could do a lot” to assist in reducing the impression of risk, according to the EU trade head on Monday. The EU has long lamented China’s lack of a fair playing field and the politicisation of the economic climate. Concern shifted to wariness following Beijing’s decision to expand ties with Moscow despite the Ukraine conflict. The European Union has strong economic relations with China, but China “could do a lot to help reduce our perception...