Thus showing that the Biden admin is going to have deal with a China trying to unseat America as the top ec0nomic power…
This while Donald Trump has been absent in the world that keeps moving… virus problems or not….
China and the EU are racing to strike a trade accord in the final days of the year, but political scrutiny over China’s record on forced labor has only just begun.
Negotiators from Brussels and Beijing have made a breakthrough on access to each other’s markets and the EU’s trade chief Valdis Dombrovskis will on Monday try to seal the deal with his Chinese counterpart Liu He, EU diplomats and officials said.
The EU-China Comprehensive Agreement on Investment offers safeguards to EU companies offshoring production to China and will make it easier for EU investors to buy Chinese companies, and vice-versa….
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Many European politicians have been pressing Brussels to avoid economic and political alignment with China, but instead stop Beijing from undercutting the EU on lower labor and environmental standards.
“The political signal is disastrous. This deal mocks the concentration camps and enslavement of a people,” said French MEP Raphaël Glucksmann. “I will be active in organizing opposition to this deal. If [EU leaders] think that ratifying this deal will be like posting a letter, they are gravely mistaken.”
Critics also warn that agreeing a deal now risks complicating Brussels’ effort to team up with U.S. President-elect Joe Biden to confront China on everything from human rights to technological standards….