China-EU bilateral investment treaty (BIT) negotiations went off without a hitch, a Chinese Foreign Ministry spokesperson said on Thursday.
Chinese Foreign Ministry spokesperson Wang Wenbi refuted some Western media reports claiming that Chinese demands on nuclear power investment are complicating EU-China BIT talks, dismissing those reports as "fake news".
“The China-EU BIT is mutually beneficial. The agreement was conducive to promoting China-EU trade liberalization and investment facilitation, ” he said.
The treaty could balance the concerns of both sides and promote the healthy and stable development of China-EU economic and trade relations, he said.
(Compiled by Zhu Yingqi)