Beijing’s EU envoy criticises unfriendly business environment

Beijing’s top diplomat in Brussels on Monday accused the European Union of creating a regulatory environment that is hostile to Chinese companies, even as China and the EU try to finalise a major investment deal by the year’s end.EU representatives hit back, defending a new “realist” approach towards China, saying defensive measures were necessary to combat China’s perceived flouting of World Trade Organization (WTO) rules.Zhang Ming, China’s ambassador to the EU, who joined a parliamentary…