HONG KONG — China must reprioritize economic growth and reforms and boost investor confidence by leveling the playing field for all companies in the country, a European business group said Wednesday.called on China to open its economy and allow a more free market to determine resource allocation. It also recommended introducing policies to boost domestic demand.
“For some European headquarters and shareholders, the risks of investing in China are beginning to outright the returns, a trend that will only intensify if key business concerns are left unaddressed,” Jens Eskelund, president of China’s European Union Chamber of Commerce, said in a message at the beginning of the paper.
BANGUI, Central African Republic — In the wake of Russian mercenary leaderYevgeny Prigozhin’s rebellion, a deal was struck between a private U.S. security firm and Central African Republic, a nation where his shadowy Wagner Group has long been a fixture. The move sparked backlash and tensions – a window into a larger battle playing out across the continent as Moscow and Washington vie for influence.