January 5, 2021

Asia

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

BY Carsten Nickel, Gabriel Wildau

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( 5 mins) 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 […]

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