CHINA China-EU BIT negotiations deadlock ‘fake news’: FM

CHINA

China-EU BIT negotiations deadlock ‘fake news’: FM

People's Daily app

21:52, December 24, 2020

China-EU bilateral investment treaty (BIT) negotiations went off without a hitch, a Chinese Foreign Ministry spokesperson said on Thursday.

File photo: Xinhua

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)

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