Pandemic cools European Union plans to enter China

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Enrique Serbeto

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It took more than seven years of painstaking negotiations and yet the China-EU Comprehensive Trade Agreement (CAI), a treaty regulating investments between China and the EU which was approved “in principle” last December, has practically remained in the freezer before its effective entry into force, due to diplomatic setbacks with the Beijing regime and, above all, the fear that the Asian giant could take advantage of its position after the pandemic to buy European firms at bargain prices to enter the single market.

Officially, the Commission it denies that the ratification process of the agreement has been “suspended” but does not deny that it has been suspended. And furthermore, the Executive community

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