China will conduct talks on EU investment pact ‘at its own pace’ | Malay Mail

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China will conduct talks on EU investment pact ‘at its own pace’ | Malay Mail
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BEIJING, Dec 25 — China will conduct talks on an investment pact with the European Union “at its own pace”, its foreign ministry said today, raising doubts about whether a deal can be sealed by year-end. Negotiations for the EU-China Comprehensive Agreement on Investment, which would grant...

A worker on a cherry picker hangs a European Union flag next to a Chinese national flag at Beijing’s Tiananmen Square in Beijing May 16, 2011. — Reuters pic

Negotiations for the EU-China Comprehensive Agreement on Investment, which would grant European companies greater access to the Chinese market, have gone on for six years. His comments echoed that of the commerce ministry, which said late on Thursday that reaching an agreement required effort from both sides to “meet each other halfway”.

 

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