CHINA THROWS EU TRADE DEAL TO THE WOLF WARRIORS
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23.03.2021


Politico (22 March 2021)

By Stuart Lau

 

China's double-barreled sanctions attack on the EU on Monday means the landmark Beijing-Brussels trade deal is now on life support. 

Furious at being targeted by Chinese sanctions on a day of high diplomatic drama, prominent European parliamentarians are threatening not to ratify the EU-China investment pact sealed in December. 

What a difference three months makes. Late last year, Europe's top leaders such as German Chancellor Angela Merkel and French President Emmanuel Macron raced to secure an accord with Chinese President Xi Jinping, hoping it would make life easier for key EU investors in China such as carmakers.

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