Conflicts Frictions: Business Environment and Asian Power

conflicts frictions: The frequency of high-level visits between the two sides is an indicator of the importance they attach to each other, according to Global Times China. Various consultation and dialogue mechanisms between them have worked well, playing a positive role in enhancing communication, mutual understanding and resolving problems. Although win-win cooperation has become the theme of ties, conflicts and frictions are emerging. However, with the rapid rise of China, an emerging hubbub has affected bilateral relations. They complain about China's deteriorating business environment, accuse it of forcing European firms to transfer technology to their joint ventures with Chinese partners and criticize the Asian power for a lack of reciprocity in investment relations. Some European media outlets and politicians trumpet the China threat theory, claiming the country has become a competitor or rival not only in the economic and technological domains, but also in terms of political system. (news.financializer.com). As reported in the news.