As soon as news of the ‘deal’ hit the media ?
People stated to have second thoughts in the European Union….
They it’s reported that someone for the incoming Biden admin expressed displeasure with the action….
Reports of China overtaking America’s economy has caused jitters in America, Europe and other places….
China IS a Communist Country …..
China and Germany are pushing the deal, which would make it easier for European and Chinese companies to invest in each other’s economies. But voices on both sides of the Atlantic are questioning whether this is the right time for Europe to deepen ties with Beijing.
The back and forth says much about how central — and how fraught — the issue of relations with China has become, both within the European Union and between Europe and the United States.
Within the E.U., there is growing unease about Beijing’s human rights record and role in international affairs, but little agreement on what to do about it.
Biden has promised to re-engage with Europe and to rally allies to respond to an increasingly assertive China. The timing and terms of that effort are not yet clear.
Against this backdrop, the fate of the investment pact is seen as an early signal of tensions set to play out in years to come, on issues such as trade, tech regulation and climate change.