Asia

CHINA/EUROPE: Investment pact is economic win for EU, political win for Beijing

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Following seven years of negotiation, Beijing and Brussels concluded negotiations on an EU-China Comprehensive Agreement on Investment (CAI) on 30 December. Beijing's willingness to accept a relatively one-sided deal reflects China’s concern to avoid international isolation and decoupling amid the ongoing transition in the US. The politics around the deal show how interpretations of "strategic autonomy" differ between Paris and Berlin, but the EU’s shared goal is to strengthen multilateral institutions. Key elements of the CAI The information in this note about th
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