Posted inBeijing, China, European Union, France, Germany, Italy, Pakistan, South Asia, World

The European Union dumps China

In one fell swoop, a legislative committee of the European Union Parliament has snubbed China’s recent easing of restrictions on inbound foreign investment, rejected Beijing’s demand to be recognized as a market economy and established stringent requirements for the EU’s possible contribution to Chinese President Xi Jinping’s Belt and Road infrastructure initiative. On Tuesday, the […]