BEIJING—Time is running out for Beijing to fulfill its reform promises if it hopes to maintain stable growth, a top European business lobby said on June 20, contending that the roots of U.S.-China trade tensions began in China.
Despite the Chinese regime’s repeated pledges to further open its economy, 46 percent of respondents in the European Union Chamber of Commerce in China’s annual business survey said they thought the number of regulatory obstacles they face in China would increase over the next five years.
