EU and China broker investment deal after 7 years of talks

The European Union and China have struck a deal on a comprehensive investment agreement after seven years of talks, European Commission President Ursula von der Leyen announces. “The EU has the largest single market in the world. We are open for business, but we are attached to reciprocity, level playing field and values,” von der Leyen said on Twitter. “Today, the EU and China concluded in principle negotiations on an investment agreement,” she added. The announcement comes after Chinese President Xi Jinping spoke to several European leaders on Wednesday. The agreement would liberalize some i…

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