There is no 'promise fatigue' about China's efforts to open its e...
BEIJING - There is no “promise fatigue” about China’s efforts to open its economy to foreign businesses, the government said on Monday on the eve of week-long import fair, after the European Union said China needed to make rapid and substantial improvements.
China has long been dogged by accusations of unfair trade practices, from forced tech transfers to protectionist market entry policies. It has been criticized for making promises to open its market and not delivering on them. The fair begins on Tuesday with a speech by President Xi Jinping. French President Emmanuel Macron and the EU’s incoming trade commissioner, Phil Hogan, are both attending.
Some European companies felt cheated at last year’s inaugural expo, according to a survey by the Shanghai chapter of the European Chamber of Commerce in China, released on Monday.
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