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Seven years of promise fatigue: that's how Europeans see the bilateral treaty talks with China. This is the first in a five part series looking at the prospects for the investment deal, and what next if it fails https://www.scmp.com/economy/global-economy/article/3094048/china-eu-investment-treaty-talks-hit-crunch-time-europeans
Europeans are fed up at the suggestion that they should "meet in the middle" and think this talk shows Beijing is not serious.
"There have been lots of nice words, but very little substance, and we don’t see any major reform efforts.” https://www.scmp.com/economy/global-economy/article/3094048/china-eu-investment-treaty-talks-hit-crunch-time-europeans
"There have been lots of nice words, but very little substance, and we don’t see any major reform efforts.” https://www.scmp.com/economy/global-economy/article/3094048/china-eu-investment-treaty-talks-hit-crunch-time-europeans
As the EU gives one last push for reform, China moves in the opposite direction, strengthening the state economy Still, China fears being left out of a future plurilateral trading system
"A deal with EU can at least provide a bit of certainty for China," said Chen Fengying
"A deal with EU can at least provide a bit of certainty for China," said Chen Fengying
China's three-year plan to strengthen its state economy is viewed by some Europeans as reform “but with Chinese characteristics”.
Meanwhile, some in Brussels are pissed at the US phase one deal. "Maybe we need a phase one of our own,” one said https://www.scmp.com/economy/global-economy/article/3094048/china-eu-investment-treaty-talks-hit-crunch-time-europeans
Meanwhile, some in Brussels are pissed at the US phase one deal. "Maybe we need a phase one of our own,” one said https://www.scmp.com/economy/global-economy/article/3094048/china-eu-investment-treaty-talks-hit-crunch-time-europeans
Overarching mood, as captured by @ajwsmall, is: "China wants the image of being multilateral, without any of the underlying substance."
As seen in more frequent discussion of TPP in Beijing etc. Part two coming later this evening https://www.scmp.com/economy/global-economy/article/3094048/china-eu-investment-treaty-talks-hit-crunch-time-europeans
As seen in more frequent discussion of TPP in Beijing etc. Part two coming later this evening https://www.scmp.com/economy/global-economy/article/3094048/china-eu-investment-treaty-talks-hit-crunch-time-europeans
