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EU trade chief says China investment deal should remain frozen EU trade chief says China investment deal should remain frozen

EU trade chief says China investment deal should remain frozen

Outgoing European Commission trade official Sabine Weyand has said the EU's 2020 investment agreement with China is obsolete and should remain in the "deep freezer".Weyand made the remarks as Brussels weighs possible action on what she described as "macroeconomic imbalances" linked to the impact of China's economic model on the rest of the world.She said the agreement should not be revived, and quoted former competition chief Margrethe Vestager as saying that if something has been in the deep freezer for a long time, it should not be taken out and served again.The comments matter because they point to a firmer... [Continue Reading]

360LiveNews 360LiveNews | 07 May 2026 08:01 LONDON
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