EU Lobby Group Urges Clarity from China: Will it Emphasize Self-Reliance or Market Opening for Businesses

European Union businesses are seeking clarity on China’s future policies regarding self-reliance, regulatory tightening, and market opening promises. Jens Eskelund, president of the European Chamber, emphasized the need for clear communication from China to reassure EU businesses. The uncertainty surrounding China’s approach to these issues raises concerns for European businesses operating in the Chinese market. It remains crucial for the Chinese government to provide transparency and a clear direction for its policies to foster a favorable business environment for EU companies.