BEIJING: China hopes Britain’s exit from the European Union can happen in an orderly way and that the bloc will reduce hurdles to Chinese investment and keep its markets open, China’s foreign ministry said on Tuesday.
China, the world’s second-largest economy, has watched Brexit nervously, worried not only about potential market turmoil from a disorderly departure but about losing Britain’s supportive voice for free trade within the EU.
“China hopes to see Brexit proceed in an orderly fashion and stands ready to advance China-EU and China-UK relations in parallel,” the ministry said in a lengthy policy document on EU ties.
The EU and China are often at loggerheads over trade and other issues, with the EU sharing many of the same concerns as the United States about market access, trade imbalances and intellectual property rights protection.
The bloc is China’s largest trading partner while China is its biggest trading partner after the United States.
The EU has been pressing for better access to the Chinese market for its companies, while China has complained about what it sees as unfair restrictions on Chinese investments in the EU.
Despite events such as Brexit, China said the EU has remained committed to integration, pressed on with reforms and played a major role in regional and international affairs.
Beijing has promised to look at the possibility of reaching a “top notch” free trade deal with Britain post-Brexit.
The Brexit process is currently deadlocked with just over 100 days until Britain is due to leave the EU.
On trade, China’s white paper said the EU should ease high-tech export controls on China and facilitate mutual investment.
The government will significantly ease market access and endeavour to foster a “stable, fair, transparent, law-based and predictable business environment that protects the legitimate rights and interests of foreign investment and treats Chinese and foreign firms registered in China as equals,” it said.
“China hopes that the EU will keep its investment market open, reduce and eliminate investment hurdles and discriminatory barriers, and provide Chinese companies investing in Europe a fair, transparent and predictable policy environment and protect their legitimate rights and interests.”
The EU last month provisionally agreed on rules for a far-reaching system to coordinate scrutiny of foreign investments into Europe, notably from China in the wake of a surge in Chinese investments, to end what a negotiator called “European naivety.”
China hopes for ‘orderly’ Brexit, calls for more open EU economy
China hopes for ‘orderly’ Brexit, calls for more open EU economy
- China, the world’s second-largest economy, has watched Brexit nervously, worried about potential market turmoil
- The EU is China’s largest trading partner while China is its biggest trading partner after the United States
Machado seeks Pope Leo’s support for Venezuela’s transition during Vatican meeting
- Machado is touring Europe and the United States after escaping Venezuela in early 2025
- The pope called for Venezuela to remain independent following the capture of former President Nicolás Maduro by US forces
ROME: Pope Leo XIV met with Venezuelan opposition leader and Nobel Peace Prize winner María Corina Machado in a private audience at the Vatican on Monday, during which the Venezuelan leader asked him to intercede for the release of hundreds of political prisoners held in the Latin American country.
The meeting, which hadn’t been previously included in the list of Leo’s planned appointments, was later listed by the Vatican in its daily bulletin, without adding details.
Machado is touring Europe and the United States after she reemerged in December after 11 months in hiding to accept her Nobel Peace Prize in Norway.
“Today I had the blessing and honor of being able to share with His Holiness and express our gratitude for his continued support of what is happening in our country,” Machado said in a statement following the meeting.
“I also conveyed to him the strength of the Venezuelan people who remain steadfast and in prayer for the freedom of Venezuela, and I asked him to intercede for all Venezuelans who remain kidnapped and disappeared,” she added.
Machado also held talks with Vatican Secretary of State Pietro Parolin, who was Nuncio in Venezuela from 2009 to 2013.
Pope Leo has called for Venezuela to remain an independent country after US forces captured former President Nicolás Maduro in his compound in Caracas and took him to New York to face federal charges of drug-trafficking.
Leo had said he was following the developments in Venezuela with “deep concern,” and urged the protection of human and civil rights in the Latin American country.
Venezuela’s opposition, backed by consecutive Republican and Democratic administrations in the US, had vowed for years to immediately replace Maduro with one of their own and restore democracy to the oil-rich country. But US President Donald Trump delivered them a heavy blow by allowing Maduro’s vice president, Delcy Rodríguez, to assume control.
Meanwhile, most opposition leaders, including Machado, are in exile or prison.
After winning the 2025 Nobel Prize for Peace, Machado said she’d like to give it to or share with Trump.
Machado dedicated the prize to Trump, along with the people of Venezuela, shortly after it was announced. Trump has coveted and openly campaigned for winning the Nobel Prize himself since his return to office in January 2025.
The organization that oversees the Nobel Peace Prize — the Norwegian Nobel Institute — said, however, that once it’s announced, the prize can’t be revoked, transferred or shared with others.
“The decision is final and stands for all time,” it said in a short statement last week.
