BUSINESS

An EU-China deal for a bygone era

Asia focus, Wendy Cutler, Published on 08/03/2021

» The European Union and China in late January released new details about the Comprehensive Agreement on Investment (CAI) that they concluded in December. On paper, EU negotiators made some progress in important areas including market access, investment liberalisation and sustainable development. But can an incremental bilateral agreement like the CAI really govern economic relations with today's China?