A tug of war is set to take place over competition rules for China’s heftily-subsidised state-owned enterprises to ensure European firms have a level playing field. Illustration: Brian Wang

China insiders see ‘no progress’ on ending subsidies, as clock ticks on EU investment deal talks

  • China has moved to solidify the grip of the state on its economy, while simultaneously trying to negotiate an investment treaty with the European Union
  • Chinese analysts see little room for compromise, with Brussels demanding material reform and Beijing locked on its own path
Topic |   China-EU relations
A tug of war is set to take place over competition rules for China’s heftily-subsidised state-owned enterprises to ensure European firms have a level playing field. Illustration: Brian Wang
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