Posted on

China and E.U. Leaders Strike Investment Deal, but Political Hurdles Await



Share

Chinese and European Union leaders agreed on Wednesday to make it easier for companies to operate on each other’s territory, a significant geopolitical victory for China at a time when criticism of its human rights record and handling of the pandemic have left it increasingly isolated. But the landmark pact faces political opposition in Europe and Washington that could ultimately derail it, illustrating the difficulties of dealing with an authoritarian superpower that is both an economic rival and a lucrative market.A large faction in the European Parliament, which must ratify the agreement before it can take effect, opposes …

Read More