EU FDI screening should not target specific country, says Chinese envoy

0 Comment(s)Print E-mail Xinhua, January 28, 2019
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China hopes the foreign direct investment screening legislation of the European Union (EU) will be in line with the spirit of free trade and investment facilitation, the Chinese envoy to the EU has said.

Zhang Ming, head of the Chinese Mission to the EU, made the remarks in an interview with the Financial Times on Tuesday, according to an edited transcript of the interview provided by the mission on Sunday night.

"We don't hope to see a legislation that is targeted at a specific country. Otherwise, it would be discriminatory," he said.

Zhang said there is a lot of media coverage in that direction. That may get some Chinese investors worried about the potential trend.

If that becomes a reality, it would not be a good thing to bilateral cooperation, he said. 

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