Wednesday, 16 Jun 2021

China taps support from Poland, Serbia after frozen EU investment deal

BEIJING (BLOOMBERG) – China and the European Union are partners, not competitors, and cooperation will help both sides, Chinese Foreign Minister Wang Yi told his Polish counterpart as the Asian nation seeks support after an investment deal with the bloc was put on hold.

Polish Foreign Minister Zbigniew Rau said his country believes a China-EU investment deal is beneficial for both sides, and the two should deal with disagreements properly, according to a Chinese government statement on Saturday (May 29).

Mr Rau and foreign ministers from Serbia, Hungary and Ireland are visiting China from Saturday to Monday after an invitation from Mr Wang. Mr Rau and Serbian Foreign Minister Nikola Selakovic met Mr Wang in the south-western Chinese city of Guiyang on Saturday in separate meetings.

European lawmakers overwhelmingly approved a resolution in May to withhold ratification of an investment agreement with China in response to sanctions against members of the bloc. China retaliated against the United States, Britain and the EU over sanctions related to allegations of human rights abuses in the western region of Xinjiang.

The investment pact had been seen as proof of both Europe’s independence from the US and China’s ability to collaborate with American allies who adopted a more moderate approach.

Attitudes in several European capitals have grown less favourable towards China since the coronavirus outbreak fuelled a range of diplomatic disputes.

Much of global criticism towards China has focused on its treatment of Muslim Uighurs and other minorities in Xinjiang. China has waged a vigorous international campaign against the claims, saying it is trying to fight terrorism and improve the livelihoods of minorities.

Poland understands and respects China’s legitimate rights and interests and would like to make active efforts for the healthy development of EU-China relations, the statement from the Chinese government cited Mr Rau as saying.

Poland also welcomes Chinese investment and will not adopt discriminatory measures against Chinese companies, Mr Rau said, adding the country is also willing to expand agricultural exports to China.

In the meeting with Mr Selakovic, Mr Wang said China supports plans by its Covid-19 vaccine manufacturers to talk to Serbia on joint production in the European nation.

The two sides agreed to accelerate infrastructure and energy cooperation, including one involving the Serbian section of the Budapest-Belgrade railway. The rail project is mostly financed by loans from China.

China’s cooperation with central and eastern European nations is focused on economy and trade, and will help balance the development of Europe, Mr Wang said.

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