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China and EU hail joint statement, China ready to discuss industrial subsidies

Chinese Premier Li Keqiang promised the European Union on Tuesday that Beijing would no longer force foreign companies to share sensitive technological know-how when operating in China and was ready to discuss new global trading rules on industrial subsidies

“European companies will enjoy equal treatment,” Li told a news conference following the summit in Brussels, offering to set up a disputes mechanism to handle complaints.

In their joint statement, the two sides said they recognized their responsibility to lead by example for an open global economy based on multilateral rules.

The two parties reaffirmed their commitment to building their . . .

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