The EU Chamber of Commerce has for years used its annual report to lobby for competitive neutrality and SOE reform, but this year called for a number of “fail-safes”. Photo: Bloomberg

European businesses urge EU to take ‘defensive’ measures against China’s state-owned enterprises

  • EU Chamber of Commerce warns of ‘resurgent state-owned economy’ receiving more funding, government contracts and subsidies than ever before
  • It calls for ‘fail-safes’ to protect EU such as introducing new policies and making better use of laws to give Beijing more incentive to speed up reform
Topic |   European Union

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The EU Chamber of Commerce has for years used its annual report to lobby for competitive neutrality and SOE reform, but this year called for a number of “fail-safes”. Photo: Bloomberg
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Peter Lam, chairman of the Hong Kong Trade Development Council (left), and executive director Margaret Fong Shun-man spoke to Hong Kong media in Los Angeles. Photo: Tony Cheung

Hong Kong government to help build partnerships between local businesses and state-owned enterprises as part of two-pronged trade strategy

  • Chairman of Hong Kong Trade Development Council Peter Lam discusses move at Los Angeles symposium
  • Partnership would help SMEs expand in region amid ongoing US-China trade war
Topic |   US-China trade war: All stories

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Peter Lam, chairman of the Hong Kong Trade Development Council (left), and executive director Margaret Fong Shun-man spoke to Hong Kong media in Los Angeles. Photo: Tony Cheung
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