Trump or not, the EU has no plans to revive 2020 investment deal with China

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Trump or not, the EU has no plans to revive 2020 investment deal with China - Business Standard

Quick Summary:

The CAI, finalised in 2020 but never officially signed, was once hailed as a landmark economic agreement to deepen investment flows between Brussels and Beijing.

The EU’s strategies are further complicated by its positioning between the United States under Donald Trump and China, two rival powers increasingly locked in economic and technological competition.

The deal could also involve Chinese investment in the European EV supply chain, creating local jobs and facilitating technology transfer, according to EU sources quoted in the report.