AGL 37.80 Decreased By ▼ -0.22 (-0.58%)
AIRLINK 207.70 Increased By ▲ 10.34 (5.24%)
BOP 9.65 Increased By ▲ 0.11 (1.15%)
CNERGY 6.05 Increased By ▲ 0.14 (2.37%)
DCL 9.00 Increased By ▲ 0.18 (2.04%)
DFML 36.50 Increased By ▲ 0.76 (2.13%)
DGKC 97.00 Increased By ▲ 0.14 (0.14%)
FCCL 35.64 Increased By ▲ 0.39 (1.11%)
FFBL 88.94 Increased By ▲ 6.64 (8.07%)
FFL 13.45 Increased By ▲ 0.28 (2.13%)
HUBC 128.33 Increased By ▲ 0.78 (0.61%)
HUMNL 13.69 Increased By ▲ 0.19 (1.41%)
KEL 5.38 Increased By ▲ 0.06 (1.13%)
KOSM 7.05 Increased By ▲ 0.05 (0.71%)
MLCF 44.95 Increased By ▲ 0.25 (0.56%)
NBP 60.90 Decreased By ▼ -0.52 (-0.85%)
OGDC 217.00 Increased By ▲ 2.33 (1.09%)
PAEL 40.53 Increased By ▲ 1.74 (4.49%)
PIBTL 8.33 Increased By ▲ 0.08 (0.97%)
PPL 195.99 Increased By ▲ 2.91 (1.51%)
PRL 39.28 Increased By ▲ 0.62 (1.6%)
PTC 26.60 Increased By ▲ 0.80 (3.1%)
SEARL 105.40 Increased By ▲ 1.80 (1.74%)
TELE 8.41 Increased By ▲ 0.11 (1.33%)
TOMCL 35.75 Increased By ▲ 0.75 (2.14%)
TPLP 13.50 Increased By ▲ 0.20 (1.5%)
TREET 22.20 Increased By ▲ 0.04 (0.18%)
TRG 61.15 Increased By ▲ 5.56 (10%)
UNITY 33.00 Increased By ▲ 0.03 (0.09%)
WTL 1.69 Increased By ▲ 0.09 (5.63%)
BR100 11,905 Increased By 178.9 (1.53%)
BR30 37,012 Increased By 635.6 (1.75%)
KSE100 111,304 Increased By 1791 (1.64%)
KSE30 35,051 Increased By 537.9 (1.56%)

China on Wednesday urged the European Union not to turn "beneficial competition" between the two partners into a "rivalry" after Brussels outlined a shift to more assertive relations with Beijing. Top European policymakers on Tuesday released a 10-point plan for addressing relations with Beijing as fears grow about Chinese investment and influence on critical infrastructure, including new communication technology.
China is both a cooperative partner and an "economic competitor in pursuit of technological leadership, and a systemic rival promoting alternative models of governance," the EU said, outlining its plan. On Wednesday, China's foreign ministry spokesman Lu Kang responded, saying: "In the era of globalisation, benign competition will exist between different economic systems.
"We don't want competition to turn into a rivalry type of competition." The EU is concerned about China's failure to open up its markets to foreign competitors and the distorting influence of subsidies for state-run enterprises, among other issues. European leaders will be asked to sign off on the 10-point plan when they meet next week in Brussels, with senior officials urging them to take action to protect EU values and standards.

Copyright Agence France-Presse, 2019

Comments

Comments are closed.