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The European Union, the EU and China have reached an investment agreement in almost seven years. Consequently, both companies are expected to have freer access to the markets of other countries. Reporter Kim Jin-ho. Top EU leaders, including EU Commissioner Von der Raien, German Chancellor Merkel, French President Macron and permanent EU Summit President Charles Michel, held a video conference with Chinese President Xi Jinping. This is a meeting to conclude an investment agreement between the two parties. EU Commissioner Fon der Raien tweeted: “In principle, we have completed negotiations to sign an investment agreement with China” and “for more balanced trade and better trade opportunities.” “The investment agreement with the EU will provide a wider market and a better business environment for investors from both sides,” said Xi Jinping. “This agreement shows China’s determination and confidence in opening up.” Since the EU already maintains a high degree of openness to foreign investment, the agreement focuses on the EU benefiting even more from investment in China. At first glance, it may be a business that China loses, but the EU has taken control of China with the inauguration of the next Biden administration, so that China can soften the omen of the United States with an alliance. This investment agreement seems to have chosen China, which puts ‘China Money’ in the foreground, as one of the measures to overcome the severe economic recession caused by the reproliferation of Corona 19. However, not a few point out that there is a high possibility that it is an oversight in the sense that negotiations have been concluded based on interests rather than deep ties between China and the EU, such as’ The Crown’s responsibility to China 19 ‘. This is YTN Kim Jin-ho.
