Beijing auto show - China lifting shareholding limits for car companies
China's premier has vowed to respect European Union trade rules, amid fears about preferential treatment for some entities. Brussels is worried Beijing — present at a summit of eastern states — could divide the bloc.
The economic outlook for the 23 countries that make up the World Bank's Europe and Central Asia unit is gloomy. To improve things, the unit's chief economist Asli Demirguc-Kunt suggests a push for financial inclusion.
European Union politician Manfred Weber says the bloc should stop Chinese companies from gaining too much power in key sectors. He also warned of the political implications of China's Belt and Road project.
China and the European Union were at least able to issue a joint statement during their summit, but it doesn't contain much more than good intentions. DW's Frank Sieren says the really important topics are missing.
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