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For China, the agreement on a deal is primarily a strategic success, says correspondent Aldrovandi.
Thanks to the agreement, European companies will soon be able to invest in China more easily and on fair terms. In the future, Beijing should also adhere to the conventions of the international labor organization, ILO. The EU sees the deal as a success, but what does it mean for China, which can already invest in Europe with virtually no obstacles?
China can present itself to the world as a state open to globalization and opening its markets.
For China, this is primarily a political success, says Northeast Asia correspondent Martin Aldrovandi: “China can present itself to the world as a state open to globalization and its markets. It is certainly also a signal to the United States and the new leadership of the White House that it wants to pursue a tough strategy towards China.
What about human rights?
An obstacle in the negotiations was labor and human rights in China. Is China really making concessions in this area or is it just lip service? Aldrovandi believes that China will certainly allow itself enough room for maneuver in view of the massive human rights violations in the country, including the situation of Uighurs in the Xinjiang region and the charge of forced labor. “Of course, one wonders how the Europeans really want to achieve this, so that everything can be improved,” Aldrovandi said.
China also has other means to punish companies, emphasizes Aldrovandi. For example, when representatives of the company or their home countries make critical comments about Taiwan or Tibet. Currently, for example, with Australia, which is being economically punished by China, or with South Korea for some time: “It shows that China is not a constitutional state. You can really promise a lot. “