The China-EU investment deal has been in the works for seven years, but has faced opposition over concerns about the use of forced labour, particularly in China's Xinjiang region. BEIJING: European businesses in China are hopeful of a European Union-China investment deal by the end of the year, the head of the European Chamber of Commerce in China said on Saturday , although Beijing has declined to commit to a deadline.
"The next few days will be interesting. My sense is that there is a serious push to get this past the finishing line," Joerg Wuttke, head of the European Chamber of Commerce in China, told AFP.China's commerce ministry has refrained from committing to a year-end deadline and appears prepared for an extension of discussions.
"The China-EU investment agreement is aimed at providing more investment opportunities and sound institutional guarantees for the two sides, but to reach it requires joint efforts and to meet each other halfway," it added. Other critics of the deal say it might undermine Biden's efforts to mend bridges with European allies, following Donald Trump's divisive tenure.But Biden's camp has been nervous about Brussels moving closer to Beijing.
Mutual benefits, could be a good deal.
Being cancer-stricken and begging CPF Board to repay overdue debt; that which in any case cannot be done as the money had been commingled and funneled to private entity Temasek Holdings for Ho Ching to wager on unviable, untenable and ultimately, invariably doomed gambles