The joint statement reads in fact like a rose garden: “The
high level of ambition will be reflected in substantially improved
market access [and] the elimination of discriminatory requirements and
practices affecting foreign investors.”
By Pepe Escobar: Sparks did fly in Brussels, but in the end the European Union and China managed to come up with an important joint statement at
their summit this week, signed by Chinese Premier Li Keqiang, European
Commission President Jean-Claude Juncker and head of the European
Council, Donald Tusk.In theory, there’s agreement on three quite sensitive fronts: a complex, wide-ranging EU-China investment deal to be signed “by the end of next year, or earlier”, according to Li; Beijing to increasingly commit to erasing industrial subsidies and the obligation of technological transfers; and a substantial opening-up of the Chinese market to EU companies.






