The European Union and China, which had set themselves the goal of reaching an agreement by the end of 2020, are now close to reaching agreement on their future Comprehensive Agreement on Investment (CAI).
The European Commission estimates that both parties agree on 95% of the text. According to a spokesperson for the European institution, “the EU remains committed to the deadline for the end of the year, only if we have a worthwhile deal”. “We will not put the calendar ahead of the...