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Biden’s China priorities could be challenged by the landmark new EU-China investment treaty

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After seven years of negotiations, the European Union and China agreed in principle on a landmark investment treaty that the 27-member bloc says will level the playing field for European investors in China.

The agreement was reached on Wednesday after a final call between Chinese President Xi Jinping and European leaders including German Chancellor Angela Merkel and French President Emmanuel Macron.

The EU says that China has made significant commitments to allow European investors greater access to its manufacturing sector, as well as in cloud services, financial services, and private health care.

Plus: Alibaba stock suffers record fall after antitrust probe…



Source marketwatch.com

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