China woos European Union to boost commercial cooperation

While China and the United States have been in a trade war for 19 months, Foreign Minister Wang Yi called on the European Union (E.U.) to respect the principles of a market economy and to create a level playing field for Chinese companies. He announced that negotiations for a comprehensive China-E.U. agreement on investment was a top economic agenda. The E.U. is China’s largest trading partner and China is the E.U.’s second largest trading partner after the U.S.A. According to Wang, Europe bene