The investment deal between the EU, the world’s largest trading bloc, and China, its second-largest economy, was announced by both sides on Wednesday after nearly seven years of negotiations and is likely to take at least another year to enter into force.
Although the European investment market is relatively open, through the agreement the EU provides Chinese companies with legally binding market-access commitments, she added. Asked whether China would ratify outstanding labour conventions amid concerns in Europe about forced labour, Li said only that China forbids forced labour and has reiterated, in the agreement, its obligation as a member of the International Labour Organization .
As legally binding as their commitment to the HK basic law freedoms and UN human rights principles they signed up to as well?
They promised the same when joining WTO - so what is different? This is all a propaganda win for China.
The China Take over is at full speed. We are next.
China has their fingers in Every Pie!
Good UK is out of EU.. :)