China-EU investment agreement to create level playing field: German minister

GENEVA, Jan. 26 (Xinhua) — A German minister defended on Monday China-EU investment agreement during the World Economic Forum (WEF) Virtual Event of the Davos Agenda, saying it was not a “mistake” but would create a level playing field. Asked by CNBC whether the China-EU investment agreement was a “tactical mistake” to the European Union (EU), German Minister for Economic Affairs and Energy Peter Altmaier said that he thinks it was not. The deal duplicates “a lot of the arrangements that the United States already has with China,” Altmaier said. “It’s about creating a level playing field.” “I’m confident that…