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EU-China investment deal done and dusted



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After almost seven years of negotiations, the European Union and China on Tuesday finally agreed an investment deal, although its official signing is expected on December 30. According to an internal European Commission paper which DW gained access to, the deal, known as the Comprehensive Agreement on Investments (CAI), removes barriers to foreign investments in China for certain EU industries, such as new energy vehicles, cloud computing services, financial services and health, the Commission said. “The CAI will also be the first agreement to deliver on obligations for the behavior of state-owned enterprises and comprehensive transparency rules for subsidies,” a European …

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