AIRLINK 201.40 Increased By ▲ 7.84 (4.05%)
BOP 10.18 Increased By ▲ 0.23 (2.31%)
CNERGY 7.62 Decreased By ▼ -0.31 (-3.91%)
FCCL 40.03 Decreased By ▼ -0.62 (-1.53%)
FFL 16.79 Decreased By ▼ -0.07 (-0.42%)
FLYNG 26.75 Decreased By ▼ -1.00 (-3.6%)
HUBC 132.40 Decreased By ▼ -0.18 (-0.14%)
HUMNL 13.95 Increased By ▲ 0.06 (0.43%)
KEL 4.65 Increased By ▲ 0.05 (1.09%)
KOSM 6.60 Decreased By ▼ -0.02 (-0.3%)
MLCF 46.65 Decreased By ▼ -0.95 (-2%)
OGDC 212.56 Decreased By ▼ -1.35 (-0.63%)
PACE 6.90 Decreased By ▼ -0.03 (-0.43%)
PAEL 41.37 Increased By ▲ 0.13 (0.32%)
PIAHCLA 17.00 Decreased By ▼ -0.15 (-0.87%)
PIBTL 8.12 Decreased By ▼ -0.29 (-3.45%)
POWER 9.43 Decreased By ▼ -0.21 (-2.18%)
PPL 181.49 Decreased By ▼ -0.86 (-0.47%)
PRL 41.69 Decreased By ▼ -0.27 (-0.64%)
PTC 24.75 Decreased By ▼ -0.15 (-0.6%)
SEARL 111.40 Increased By ▲ 4.56 (4.27%)
SILK 0.99 No Change ▼ 0.00 (0%)
SSGC 44.00 Increased By ▲ 3.90 (9.73%)
SYM 18.87 Increased By ▲ 1.40 (8.01%)
TELE 8.86 Increased By ▲ 0.02 (0.23%)
TPLP 12.95 Increased By ▲ 0.20 (1.57%)
TRG 67.50 Increased By ▲ 0.55 (0.82%)
WAVESAPP 11.40 Increased By ▲ 0.07 (0.62%)
WTL 1.79 No Change ▼ 0.00 (0%)
YOUW 3.99 Decreased By ▼ -0.08 (-1.97%)
BR100 12,187 Increased By 141.8 (1.18%)
BR30 36,636 Increased By 55.5 (0.15%)
KSE100 114,925 Increased By 887 (0.78%)
KSE30 36,123 Increased By 328.6 (0.92%)

German Chancellor Angela Merkel warned Wednesday that China must not link its investments in the western Balkans to political demands. "I have no objections to the fact that China wants to trade ... and to invest," Merkel said at a Berlin joint press conference with Macedonian Prime Minister Zoran Zaev.
"We are committed to free trade," she added, but stressed that "it must be reciprocal" and that openness must come "not just from one side but from all sides".
"The question is ... are the economic relations being linked with political questions?" she added, stressing that this would "not be in the spirit of free trade". China has invested heavily in a massive "New Silk Roads" initiative of overland infrastructure links between Asia and Europe, raising European fears about Beijing's growing political influence.
Recent years have seen China make investments in strategic sectors and critical infrastructure, including the purchase of Piraeus port in crisis-hit Greece. Some in Europe fear that the Balkan countries benefiting from Chinese investments are more inclined to defend the interests of Beijing in the EU, especially on questions of human rights and trade. In Macedonia, which is seeking to join the EU and NATO, China has invested in highway construction, and Zaev recently thanked Chinese counterpart Li Keqiang for helping his country's modernisation.
French President Emmanuel Macron on a recent China visit warned that some European countries are much more open to Chinese interests, "sometimes at the expense of a European interest".

Copyright Agence France-Presse, 2018

Comments

Comments are closed.