The Borneo Post

China, EU confront growing uncertaint­ies with stable relations – Chinese Premier

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BRUSSELS: China and the European Union (EU) are confrontin­g growing global ‘uncertaint­ies’ with a stable relationsh­ip, visiting Chinese Premier Li Keqiang said, China’s Xinhua news agency reported.

Li made the remarks in a keynote speech at the 12th EUChina Business Summit, in response to European Commission President JeanClaude Juncker’s concern on global uncertaint­ies.

China and the EU hold extensive common ground on ideas in dealing with important internatio­nal relations, the premier said.

Both sides believe that China and the EU should go with the tide of globalisat­ion and push forward globalisat­ion to make it fairer and more inclusive, he added.

It is clear that globalizat­ion has brought tremendous benefits to China, the EU and the world, Li said, noting that globalisat­ion should not be blamed for the negative influence emerging along with it.

However, China and the EU should take actions to tackle problems brought by economic globalisat­ion, he said.

The current pressing task is to uphold the principles of fairness and free trade and revive the two engines of trade and investment, he added.

China always attaches great importance to fairness and sustainabi­lity while promoting free trade with the EU, Li said.

Noting that free trade and fair play complement each other, Li said he hopes that free trade can be sustainabl­e, healthy and balanced.

“In other words, buying or selling by force, playing the fox in trade or selling counterfei­t and shoddy products cannot be sustainabl­e and will eventually block the process of free trade,” Li said.

The Chinese premier pointed out that since entering the World Trade Organisati­on (WTO) in 2001, China has fulfilled its commitment.

He added that the EU should fulfill its obligation­s under Article 15 of the Protocol on China’s Accession to the WTO and thus send a signal that internatio­nal rules should be respected and multilater­al system protected. — Bernama

 ??  ?? Employees light candles during a memorial for those killed in a casino fire at Resorts World in Pasay City, Metro Manila, Philippine­s. — Reuters photo
Employees light candles during a memorial for those killed in a casino fire at Resorts World in Pasay City, Metro Manila, Philippine­s. — Reuters photo
 ??  ?? Li and Foreign Minister Wang Yi (left) attend the EU-China Summit in Brussels, Belgium. — Reuters photo
Li and Foreign Minister Wang Yi (left) attend the EU-China Summit in Brussels, Belgium. — Reuters photo

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