Karel De Gucht, the European commissioner for trade, brought with him to China a list of frustrations. Nelson Ching / Bloomberg
Karel De Gucht, the European commissioner for trade, brought with him to China a list of frustrations. Nelson Ching / Bloomberg

Trade ties tangled in bilateral frustrations



American manufacturers and members of the US Congress might shout the loudest when it comes to what they perceive to be unfair Chinese trade practices, but their concerns are shared by many in China's biggest trading partner, the EU.

Karel De Gucht, the European commissioner for trade, brought with him to China a list of frustrations as long as his arm as he tries to improve European companies' access to the world's second-largest economy.

While European-designed cars might dominate China's highways, and bilateral EU-China trade may have grown by almost a quarter to €395 billion (Dh2.03 trillion) last year, the EU, which is China's biggest export market, remains unhappy over intellectual property infringement, lack of market access, investment caps and bias in public procurement, to name but a few of the key issues.

The EU Chamber of Commerce in China recently painted a downbeat picture of the situation for European companies in China. Writing in state media, the chamber said executives at more than 40 per cent of European companies believed the regulatory environment had worsened for foreign firms over the past two years.

According to the EU, 70 per cent of European companies operating in China have suffered breaches of their intellectual property rights.

Countless foreign companies have found to their cost in recent decades that gaining access to China's 1.3 billion consumers is harder than they thought, with the country a series of diverse markets with different preferences.

Mr De Gucht is hoping his visit will at least ease some of the biases and regulatory burdens that make accessing the Chinese economy even more difficult.

But the grievances are not all on one side.

While Chinese companies have shown themselves increasingly keen to invest in Western European companies, they have sometimes been frustrated by national security considerations, even if this is less often a problem in Europe than in the US, and worries in the West that they are primarily making acquisitions to plunder the technology of European companies.

Fifa Club World Cup:

When: December 6-16
Where: Games to take place at Zayed Sports City in Abu Dhabi and Hazza bin Zayed Stadium in Al Ain
Defending champions: Real Madrid

Results

5pm: Wathba Stallions Cup Maiden (PA) Dh 70,000 (Dirt) 1,000m, Winner: Hazeem Al Raed, Antonio Fresu (jockey), Ahmed Al Shemaili (trainer)

5.30pm: Handicap (PA) Dh 85,000 (D) 1,000m, Winner: Ghazwan Al Khalediah, Hugo Lebouc, Helal Al Alawi

6pm: Maiden (PA) Dh 70,000 (D) 1,400m, Winner: Dinar Al Khalediah, Patrick Cosgrave, Helal Al Alawi.

6.30pm: Handicap (TB) Dh 70,000 (D) 1,600m, Winner: Faith And Fortune, Sandro Paiva, Ali Rashid Al Raihe.

7pm: Maiden (PA) Dh 70,000 (D) 1,600m, Winner: Only Smoke, Bernardo Pinheiro, Abdallah Al Hammadi.

7.30pm: Handicap (PA) Dh 70,000 (D) 1,600m, Winner: AF Ramz, Saif Al Balushi, Khalifa Al Neyadi.

8pm: Maiden (PA) Dh 70,000 (D) 2,000m, Winner: AF Mass, Tadhg O’Shea, Ernst Oertel.

LAST-16 FIXTURES

Sunday, January 20
3pm: Jordan v Vietnam at Al Maktoum Stadium, Dubai
6pm: Thailand v China at Hazza bin Zayed Stadium, Al Ain
9pm: Iran v Oman at Mohamed bin Zayed Stadium, Abu Dhabi

Monday, January 21
3pm: Japan v Saudi Arabia at Sharjah Stadium
6pm: Australia v Uzbekistan at Khalifa bin Zayed Stadium, Al Ain
9pm: UAE v Kyrgyzstan at Zayed Sports City Stadium, Abu Dhabi

Tuesday, January 22
5pm: South Korea v Bahrain at Rashid Stadium, Dubai
8pm: Qatar v Iraq at Al Nahyan Stadium, Abu Dhabi

Brief scores:

Manchester United 4

Young 13', Mata 28', Lukaku 42', Rashford 82'

Fulham 1

Kamara 67' (pen),

Red card: Anguissa (68')

Man of the match: Juan Mata (Man Utd)

How to protect yourself when air quality drops

Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.