President Xi Jinping (top left) attends a video conference call with top European Union officials in December to finalise the terms of a China-EU business investment deal that was suspended this week. Photo: AP
China-EU investment deal suspension seen as more politically symbolic than economic, but risks to trade exist
- European Parliament’s failure to ratify Comprehensive Agreement on Investment may have diplomatic implications, but most EU countries already have separate bilateral investment treaties with China
- However, ‘it would not be surprising if some European exports start experiencing delays at the [Chinese] border’, one trade expert says
President Xi Jinping (top left) attends a video conference call with top European Union officials in December to finalise the terms of a China-EU business investment deal that was suspended this week. Photo: AP