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However, the video summit on Monday in Brussels, showed that the parties remain divided on fundamental issues. A joint press conference was conducted, the consultations failed senior EU officials, according to Euronews.

“we still exist unbalanced trade and investment relations. We have not made progress, which sought in the statement at the highest level in the past year in overcoming barriers to market access,” said European Commission President Ursula von der Leyen.

the Talks took place amid criticism from the EU laws on safety in Hong Kong proposed by the Chinese authorities, and also applications Brussels to tighten controls over Chinese and other companies with state support in the acquisition of European technology companies.

However, the Chinese side has assured in writing that until the end of the year will sign an investment agreement and thus will improve conditions in the Chinese market for European investors. “Many promises were not fulfilled until the end,” writes Handelsblatt newspaper.

According to the sources, scale the summit, the EU-China was to be held in late March. But was postponed due to the coronavirus. Summit in mid-September in Leipzig, proposed by Chancellor Angela Merkel, has been postponed. The next date is not appointed yet. Not there will also be a visit of the German Chancellor to China in July.

Brussels insists on the wide opening of the Chinese market for European car manufacturers, companies that provide financial services, as well as for biotech companies. In addition, the Europeans achieve equal terms with local companies, as well as compliance with China’s high standards in the protection of the environment and the rights of employees.

Only if Beijing will follow through on these requirements, member countries of the EU agree with the statement: “a Bad deal is not an option,” said the German Ambassador to the EU, Michael Klaus edition “South China Morning Post”.