by Agreement ‘could be reached’ this week following movement on major sticking pointNo country had raised ‘stop sign’ clearing way for political endorsement, diplomat saysThe deal would give Beijing much-needed diplomatic breathing space as US president-elect Joe Biden prepares to forge stronger ties with European partners to confront growing Chinese assertiveness. Under the deal, European businesses would enjoy a more privileged investment environment in China than their American counterparts, according to trade specialists. SMCP - All EU member states back China investment deal, sources say.
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Agreement ‘could be reached’ this week following movement on major sticking point
No country had raised ‘stop sign’ clearing way for political endorsement, diplomat says
The deal would give Beijing much-needed diplomatic breathing space as US president-elect Joe Biden prepares to forge stronger ties with European partners to confront growing Chinese assertiveness.
Under the deal, European businesses would enjoy a more privileged investment environment in China than their American counterparts, according to trade specialists.
SMCP - All EU member states back China investment deal, sources say
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