EU and China Agree on Investment Deal, but Lawmakers Threaten to Block It

Patrick Hayden
By Patrick Hayden
January 2, 2021NTD Business
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After seven years of negotiations, the European Union and China have agreed on an investment deal. But it still needs formal approval—and some lawmakers threaten to block it because it doesn’t ask China to end forced labor.  The European Union has agreed in principle to an investment deal with China. It would give the EU more access to the Chinese market.

We spoke to a trade specialist with the Henry Jackson Society. He says China has ignored its labor rights agreement. And not everyone wins with this deal. He says that the European Commission kept this deal as far away from the European parliament as possible. And parliament members are the ones accountable to voters. He says, for now, China has escaped punishment for not complying with basic human rights.

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