President Zeman meets with Chinese president to discuss trade and investment

28-04-2019

President Miloš Zeman, who on Sunday winds up a four day official visit to China, met with Chinese President Xi Jinping for talks dominated by trade and investment.

The Czech head of state has been pushing to increase the level of Chinese investments in the Czech Republic which failed to meet expectations after the CEFC company, with which agreements were signed, became embroiled in scandal.

President Zeman also met with the head of state firm, CITIC, which took over CEFC’s Czech assets and said he was happy with the outcome of negotiations.

One of the highlights of the president’s sixth working visit to China was his address at the Belt and Road Forum, at which he came out strongly in defence of the company Huawei, saying it was victim of unfair competition and expressing the hope that it would be involved in building a 5G network in the Czech Republic.