The EU is taking a gamble with China
It took Brussels and Beijing seven years to agree an investment deal. A deal that, until its conclusion a few days ago, had been largely eclipsed by the Brexit process. Once the negotiations had concluded, however, the European side suddenly came under intense criticism — China, detractors said, was not the sort of country the EU should be cosying up to. That the deal was finalised on the penultimate day of the year was a sure sign that Angela Merkel was pushing for closure. She had stated before the pandemic that advancing EU-China relations would be one of the goals of Germany’s EU Council presidency (now passed on to Portugal).
