Frihandel i media vecka 52

2019-12-26

Financial Times skriver att Kina varnar EU för att motarbeta kinesiska företag:

Beijing’s envoy to the EU has warned the bloc against pursuing policies to curb Chinese companies’ access to Europe, saying it would damage its own interests and deter investment.

Zhang Ming said plans to clamp down on foreign corporate ownership, trade opportunities and 5G mobile communications technology threatened to trigger a backlash from “suspicious” Chinese entrepreneurs.

The ambassador, a veteran diplomat and previously a senior foreign ministry official in Beijing, said EU countries needed to promote international co-operation and free markets. “Otherwise, it’s disastrous for them,” he warned in an interview. “What I hope to see is that the EU will keep to the principles of multilateralism and free trade, as well as the principles of openness, fairness, justice and non-discrimination.” 

His remarks highlight growing tensions as the EU makes what critics see as a belated effort to respond to Beijing’s strategic ambitions, nationalistic trade policies and behaviour to western enterprises. EU companies and governments have long complained that China greatly restricts access to its own market and heavily favours domestic businesses.

Mr Zhang said the hardening attitude on the EU side had made “many Chinese entrepreneurs working in Europe suspicious” and “also had some kind of impact on Chinese investment in the EU”. 

“My colleagues and I are strongly committed to promoting China–EU co-operation, so I’m following the development with interest and concerns,” said the envoy, a former vice-minister of foreign affairs who took up his post in Brussels in 2017. “Capital is very sensitive, and even cowardly in some cases. In case of any changes or developments, they will feel highly vigilant or even be scared away.” 

EU countries are expected in January to publish final recommendations for tougher security checks on 5G equipment companies, of which Huawei of China is a world leader and highly active in Europe. The bloc is also looking at tighter procurement rules and stricter screening of foreign investments, including of businesses that use government backing to gain an advantage when acquiring European rivals. ”

2019-12-24

Kina, Japan, Sydkorea och Nordkorea i handelssamtal för att minska spänningar, enligt Washington Post

”CHENGDU, China — Leaders from China, Japan and South Korea reiterated their commitment to ending North Korea’s nuclear and missile programs at a trilateral summit Tuesday that comes against the backdrop of increasing demands by Pyongyang for sanctions relief.

Free trade and economic cooperation were also at the forefront of the meetings between Chinese Premier Li Keqiang, Japanese Prime Minister Shinzo Abe and South Korean President Moon Jae-in in the southwestern Chinese city of Chengdu.

Li said the three agreed that “dialogue and consultation is the only effective way to solve the issues of Korea Peninsula.”

“We three countries are willing to work together with the international community to solve the issue of Korea Peninsula in a political way,” Li said at a joint news conference following the meeting.

The North has threatened to take unspecified action if sanctions relief is not forthcoming by the end of the year. Speculation has centered on the possibility of conducting a new missile test, possibly of an intercontinental ballistic missile capable of delivering a nuclear warhead.

The North has said that what “Christmas gift” it gives the United States depends on Washington’s actions.

Li, Abe and Moon also said they discussed furthering regional cooperation on the economy, the environment and people-to-people exchanges.

“We all advocate for free trade and promote economic integration. China holds that safeguarding free trade benefits the protection of multilateralism, of world peace,” Li said.

Moon said the sides agreed to support efforts to restart talks between Washington and Pyongyang so that “denuclearization and peace … could actually advance.”

Abe echoed that stance, criticizing North Korean missile launches as violating U.N. resolutions and seriously threatening regional security.

“For that purpose, it was confirmed that full implementation of U.N. Security Council resolutions remains important, and we need to maintain the momentum of the U.S.-North Korea process,” Abe said.

Although China is North Korea’s most important source of investment, diplomatic support and economic aid, it has shown little success in convincing Kim Jong Un’s government to abandon its nuclear arsenal. The U.S. has demanded steps toward complete denuclearization before any sanctions can be lifted, while Beijing favors a multi-stage approach.

The trilateral summits between China, Japan and South Korea date back to the fallout from the 1997 Asian financial crisis, which devastated businesses across the region and prompted moves toward greater economic integration. The three countries account for about 24% of world trade and have tightly bound supply chains, with more than $720 billion in trade moving between them last year.

With the Trump administration’s abandonment of the Trans-Pacific Partnership, China has led a push for an alternative 16-nation grouping, the Regional Comprehensive Economic Partnership. Momentum toward a final agreement hit a snag this year when Chinese rival India said it would not participate, and the future of the pact remains unclear.

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“We invite South Korean and Japanese enterprises to take an advantageous position, grasp the broad opportunities, win more business opportunities and better realize mutual success,” Li said.

Moon stressed how industrial transformation, climate change and trade protectionism require that the three countries strengthen cooperation.

“The three countries over the past 20 years have cooperated in various fields, including business, diplomacy, culture, people-to-people exchanges and the environment,” Moon said. “We now form a core cooperative body in Northeast Asia that contributes to international peace and prosperity.””


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