EU Businesses Seek Clarity on China's Economic Direction amid Concerns over Restrictive Policies

European Union businesses need clarity on China's economic plans - whether it will focus on self-reliance or open markets.
EU Chamber president raises concerns about potential for more restrictive regulations in China citing security.
EU companies want China to follow through on promises to open markets.
China expected to leave benchmark loan rates unchanged in September.
Signs of economic stabilization in China and weakening yuan limit room for further monetary easing.

reuters.com

Relevant topic timeline:

9/25/2023

EU-China Business Ties Fraying Amid Growing Tensions

The EU's chief trade negotiator, Valdis Dombrovskis, expressed concern about European businesses in China due to tough security laws and a politicized environment, while also highlighting the EU's assertive actions against Chinese subsidies for electric vehicles; this signals a fraying in business ties between the EU and China, potentially leaving everyone worse off.

9/27/2023

Shanghai Urged to Open Markets and Cut Red Tape to Boost Foreign Investment and Become a Global Financial Hub

The European Chamber of Commerce in China is urging mainland authorities to take further steps in making Shanghai a global financial hub by liberalising markets and attracting foreign investment.