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Foreign firms want action not words from China about opening up its markets, warns EU envoy

2017-10-05 09:53:16       source:South China Morning Post

October 4, 2017


Foreign businesses are becoming increasingly frustrated by Beijing’s lack of action to open up its markets, according to the European Union’s envoy to China.



“It is leading to more frustration among the [European] business community that they haven’t seen their words translated into action,” the EU’s ambassador to China Hans Dietmar Schweisgut told the South China Morning Post.


“Companies see the rising gap between rhetoric and what’s happening.”


President Xi Jinping delivered a speech at the World Economic Forum in Davos in January firmly endorsing free trade and has promised to further open up the country’s market.


Read more:

http://www.scmp.com/news/china/diplomacy-defence/article/2113958/foreign-firms-want-action-not-words-china-about-opening