SirJohnDoe

Handelsblatt fears Europe and China being on good terms

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"Twenty-seven of the 28 national EU ambassadors to Beijing have compiled a report that sharply criticizes China’s “Silk Road” project, denouncing it as designed to hamper free trade and put Chinese companies at an advantage.

The report, seen by Handelsblatt, said the plan, unveiled in 2013, “runs counter to the EU agenda for liberalizing trade and pushes the balance of power in favor of subsidized Chinese companies.”