News Snapshot:
Trade with China is key to Europe’s economic recovery, so why is the EU harming that trade with pointless political posturing? Posted on May 10, 2021 By attempting to tighten rules on foreign investment and delaying a draft trade agreement with China over Xinjiang sanctions, the EU is endangering a powerful economic partnership that should be about trade, not politics. Last week the European Commissioners announced a legislative proposal to make EU foreign-investment rules more stringent and address the alleged trade harm from foreign subsidies. The move, which Commissioner for the Internal Market Thierry Breton has claimed would ensure that...
