European corporations call for stronger measures against China

The powerful European business lobby group European Round Table for Industry (ERT) has called on EU politicians to take a stronger stand against China’s state capitalism – but not to decouple in the process. The EU must push for better business conditions with China, said an ERT report. In doing so, the bloc of nations must not turn its back on China, despite growing concerns about Beijing and improving relations with Washington. The association consists of 60 chairmen of major European-based corporations.