After four years of Donald Trump’s “America First” agenda, the European Union could be forgiven for attempting to go it alone. But, if history is any guide, no single economy can compel China to change its most problematic behaviors.
WASHINGTON, DC – Late last month, the European Union and China released new details about the Comprehensive Agreement on Investment they concluded in December. On paper, EU negotiators made some progress in important areas like market access, investment liberalization, and sustainable development. But can an incremental bilateral agreement like the CAI really govern economic relations with today’s China?
WASHINGTON, DC – Late last month, the European Union and China released new details about the Comprehensive Agreement on Investment they concluded in December. On paper, EU negotiators made some progress in important areas like market access, investment liberalization, and sustainable development. But can an incremental bilateral agreement like the CAI really govern economic relations with today’s China?