The Comprehensive Agreement on Investment aims to replace more than two dozen bilateral investment treaties between the EU’s 27 member states and China. Photo: Xinhua
Explainer |
What is the China-EU CAI and how is an investment deal different from a trade deal?
- The Comprehensive Agreement on Investment has been seven years in the making and still nothing has been signed
- China signed two big trade deals this year – the phase one trade deal with the US and RCEP – but this investment treaty has a different purpose
The Comprehensive Agreement on Investment aims to replace more than two dozen bilateral investment treaties between the EU’s 27 member states and China. Photo: Xinhua