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Xi says China, EU investment deal will offer better business environment – Metro US

Xi says China, EU investment deal will offer better business environment

EU Commission President von der Leyen and EU Council President
EU Commission President von der Leyen and EU Council President Michel have a video conference with Chinese President Jinping, in Brussles

BEIJING (Reuters) – China’s President Xi Jinping said on Wednesday an investment deal with the EU will offer bigger markets and a better business environment for both Chinese and European investments, the official Xinhua news agency reported.

The agreement shows China’s determination and confidence in opening up, Xi said, adding that it would stimulate the global economy as it recovers from the coronavirus pandemic, as well as promote economic globalisation and free trade.

(Reporting by Ryan Woo; reporting by Tom Daly; Editing by Andrew Heavens)