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Merkel: Barriers to investing in China are still too high, need reciprocity

Fri, 2nd Oct 2020 12:44

BRUSSELS, Oct 2 (Reuters) - Any agreement between China and
the European Union on investment has to involve reciprocity,
with European companies enjoying the same freedoms to invest in
China as China's do in Europe, German Chancellor Angela Merkel
said.

She added that barriers to European companies wanting to
invest in China were still too high.

"For the investment agreement with China we naturally expect
reciprocity," she told a news conference in Brussels. "If the
Chinese side gives no market access in certain areas, that will
naturally mean that access to the European market will also be
more restricted."
(Writing by Thomas Escritt; Editing by Maria Sheahan)

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