China Urges EU to Maintain Fair Business Environment Amid Trade Tensions

China's foreign ministry has urged the EU not to undermine investment confidence following reports of phasing out Chinese suppliers from EU infrastructure projects. This move is labeled as 'naked protectionism' by China, which calls for a fair and transparent business atmosphere in Europe.

In a response to reports of potential exclusion of Chinese suppliers from crucial EU infrastructure, China's foreign ministry urged the European Union on Monday to maintain investment confidence.

The ministry's statement, faxed to Reuters, characterized any restriction of Chinese enterprises as 'naked protectionism' lacking legal justification.

China continues to advocate for a fair, transparent, and non-discriminatory business environment in Europe, aiming to protect its companies' participation in the EU market.

(With inputs from agencies.)