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Euro firms' China woes highlighted

Officials and experts have disputed claims from the European Chamber of Commerce in China that say China's "protectionist measures" and lagging economic reforms have stifled the business environment for overseas firms.

Despite China's ongoing economic reforms, European enterprises doing business in the country are feeling the "increasing threat of protectionism" coming from the Chinese government, according to the European Business in China Position Paper 2009, which was released by the chamber Wednesday.

The paper claimed European companies were losing out because of China's "market access intervention and investment restrictions".

It called upon China to make amends by building a "predictable, transparent and fair business environment for all", adding that such actions would "strengthen confidence from the European companies and also boost domestic consumption".

The report was the latest in a series of nine annual position papers released by the European chamber based upon surveys of the organization's 1,400 member companies.

Many of the themes have been explored in past years and Chinese commentators noted that, despite the criticism, European companies were still flocking to do business in China.

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 Source : China Daily  Editor: Ivy
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