2021年5月13日
Mark O’Neill
EJ Insight
Merkel will fail to save investment deal with China
In September, German Chancellor Angela Merkel will retire after 15 years in power. The most powerful leader in Europe will leave behind many achievements – but not the investment deal with China on which she spent seven years and 35 rounds of negotiations.
On December 30 last year, she signed off on the Comprehensive Agreement on Investment (CAI) with French President Emmanuel Macron and Chinese President Xi Jinping, It was a personal triumph for Xi, in his attempt to drive a wedge between the EU and the United States.
The European Parliament and the EU Council need to approve it.
No European leader has invested more time in China than Merkel. She has visited the country 12 times and was the leading architect of the CAI. Germany is the largest EU investor in China, which hosts major operations of Volkswagen, Audi, BMW, Siemens, Bayer, BASF and other big firms. ...
（節錄）
