Is EU-China Investment Deal ‘Dead as a Doornail’?
China may have sabotaged its own prospects for securing a sought-after investment agreement with the European Union when it penalized a long list of politicians, researchers and institutions – including a key member of Germany’s Green Party – in response to recent EU sanctions.The Comprehensive Agreement on Investment, or CAI, was agreed to in principle at the end of last year but remains as much as a year from final ratification by the European Parliament, where support from Germany is seen as crucial to its approval.Recent polling shows the Greens – who are considered much tougher on China than the …