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EU trade chief warns against reviving China investment deal, citing imbalances

By PulseAugur Editorial · [1 sources] ·

The European Union's outgoing trade chief, Sabine Weyand, has stated that the 2020 Comprehensive Agreement on Investment with China is now obsolete. Weyand suggested that the agreement was made for a different era and a different China, and should not be revived. Her comments come as the EU is considering new measures to address "macroeconomic imbalances" caused by China's economic model, with some EU officials citing China's relationship with Russia as a disqualifying factor for future deals. AI

RANK_REASON Statement from a high-ranking EU official regarding a significant trade policy shift concerning China. [lever_c_demoted from significant: ic=1 ai=0.1]

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AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

EU trade chief warns against reviving China investment deal, citing imbalances

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Statement from a high-ranking EU official regarding a significant trade policy shift concerning China. [lever_c_demoted from significant: ic=1 ai=0.1]
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COVERAGE [1]

  1. SCMP — Tech TIER_1 English(EN) · Finbarr Bermingham ·

    China-EU investment deal should stay in ‘deep freezer’, outgoing trade chief warns

    The EU’s outgoing top trade official used her departing appearance at the European Parliament to pour cold water on the prospect of an investment deal with China, hinting instead that new weapons for dealing with Chinese “macroeconomic imbalances” could be on the way. Sabine Weya…

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