Foreign Ministry Spokesman
China to hold talks on EU investment pact at its own pace
China will conduct talks on an investment pact with the European Union at its own pace, raising doubts about whether a deal can be sealed by year-end. China’s Foreign Ministry said, on Friday, that negotiations for the EU-China Comprehensive Agreement on Investment, which would grant European companies greater access to the Chinese market, have gone on for six years. An EU official said earlier that a deal was close, following a push from Germany, which holds the EU presidency until the end of the year and is the biggest European exporter to China. But the latest comments by the Chinese government suggest otherwise. China will “conduct talks at its own pace on the premise of safeguarding its security and developmental interests’’, foreign ministry spokesman, Wang Wenbin, told a news briefi...
China takes over closed US consulate in Chengdu
The American flag was lowered at the US consulate in China’s Chengdu city on Monday and Chinese authorities entered the building, as Beijing carried out a Cold War-style retaliatory closure of the mission. Earlier in the morning state broadcaster, CCTV showed footage of the flag being lowered, after diplomatic tensions soared between the two powers with both alleging the other had endangered national security. Beijing later confirmed the consulate had closed at 10am (0200 GMT). “Afterwards, Chinese authorities entered through the front entrance and took it over,” the foreign ministry said in a statement. Relations have deteriorated in recent weeks in an intensifying standoff, with the Chengdu mission Friday ordered to shut in retaliation for the forced closure of Beijing’s consulate in Hou...
