EU clears way for China investment pact: diplomats

Member states of the European Union gave political backing to Brussels' planned investment pact with China on Monday, clearing the way for a deal between the world's biggest economic blocs.

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In this picture taken on December 25, 2020 a flag of the European Union can be seen fluttering outside the European commission headquarters in Brussels. (Photo by FranÁois WALSCHAERTS / AFP)

2020-12-28 19:28:42

Member states of the European Union gave political backing to Brussels' planned investment pact with China on Monday, clearing the way for a deal between the world's biggest economic blocs.

At a meeting of ambassadors, the German EU presidency noted no member had "raised a stop sign and the way for a political endorsement was thus cleared", a diplomat said.

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