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China Commented on French President Macron’s Suggestion to Restrict Chinese Investments

Well-known Chinese news site Sina recently reported that Geng Shuang, spokesperson for the Chinese Ministry of Foreign Affairs, commented on the suggestion that French President Macron made to give the European Union more power. The additional power is intended to allow the EU to be able to restrict China’s investments in Europe, especially in some of the critical industries. Geng recognized that China did pay attention to Macron’s suggestion. He further said that many countries in the world, European countries included, are emphasizing fighting against all kinds of protectionism under the current atmosphere of the anti-globalization mindset. He confirmed that China did encourage its investors to develop opportunities in Europe while requiring them to obey local laws and rules. China also hopes that Europe can provide the Chinese investors with a fair, just, and favorable investment environment.

Source: Sina, June 23, 2017
http://finance.sina.com/bg/economy/chinanews/20170623/05051617033.html

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