A rushed deal or a rush to judgement?
The Comprehensive Agreement on Investment (CAI) is supposed to improve market access for European companies operating in China and to ensure a level p
On 30 November 2020 after over 7 years of talks, the European Union and China concluded negotiations for a Comprehensive Agreement on Investment (CAI for short).
The agreement is intended to increase investment between the EU and China by establishing a legal framework and common rules on issues ranging from state-owned enterprises to subsidy transparency and rules against the forced transfer of technologies. The deal replaces more than two dozen bilateral investment treaties between the EUs 27 member states and China, improving market access for European companies operating or intending to operate in China and ensuring a level playing field and reciprocity when they do.
Does the agreement actually live up to the above claims and seven years of expectation? To help us find out, in this episode of the Sound of Economics is joined by , the director of the East Asian Institute at National University of Singapore and Bruegels China expert , for a in depth commentary and glance at what the detail of the deal means for Europe.
Relevant publications:
Demertzis, M. (2021) 19 January
Garc穩a-Herrero, A. (2021) '' 4 January
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